Air Liquide successfully issues a €500 million green bond to finance energy transition
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
This transaction, significantly oversubscribed by investors, was executed under the Group's Euro Medium Term Note (EMTN) programme. With this issuance, Air Liquide is raising €500 million with a 10-year maturity at a yield of 3.466%.
Proceeds from this issuance will allow Air Liquide to finance or refinance flagship energy transition and sustainable projects and to support the Group’s long term growth at very competitive financial conditions.
Jérôme Pelletan, Group Chief Financial Officer, commented: “The success of this second green bond issuance illustrates the investors’ confidence in Air Liquide’s ability to implement technologies and pioneer projects that contribute to the decarbonisation of our activities as well as help our customers lower their carbon footprint. This is in line with our strategic plan ADVANCE, which inseparably links financial and extra-financial performances. The technologies Air Liquide masters notably in the fields of low-carbon hydrogen, carbon capture and low-carbon air gases actively and concretely contribute to a transition to a low-carbon society.”
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/24052024/air-liquide-successfully-issues-a-500-million-green-bond-to-finance-energy-transition/
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