Clariant placed a green bond in the amount of CHF 175 million
Clariant, a focused, sustainable, and innovative specialty chemical company, yesterday successfully priced its first green bond. The CHF 175 million green bond has a coupon of 2.717 % and a 2027 maturity date. “The green bond issuance under our Green Financing Framework exactly fits our focus on sustainability as part of our purpose-led growth strategy. We view this green financing option as a key contribution to sustainability across the Group, allowing sustainability driven bond investors to participate in the sustainability leadership of our company. Its Swiss franc denomination also underlines our commitment to the Swiss market and fits perfectly in our maturity profile,” said Bill Collins, Chief Financial Officer of Clariant. An amount equal to the net proceeds from the bond issuance will be allocated to the financing and/or refinancing of investments in Eligible Assets as established by Clariant within its Green Financing Framework. Eligible Assets promote the transition towards a low-carbon and environmentally sustainable society, as determined by Clariant.