Regulatory News: Verallia (Paris:VRLA) announced today that it successfully priced a new Sustainability-Linked Bond for an aggregate amount of EUR 500 million with a 10-year maturity with a coupon
Regulatory News: Verallia (Paris:VRLA) will meet with debt investors today with a view to launching, subject to market conditions, its second Sustainability-Linked Bond offering for an amount of EUR
Verallia Buys Back Shares for 1.3% of Its Share Capital
As part of Apollo s
1 sale of a stake of circa 10% in Verallia (Paris:VRLA) by way of a private placement with accelerated book building, Verallia has bought back 1.6 million of its shares at a unit price of 30.5 euros on June 9, 2021. The settlement of the transaction will take place about June 11, 2021. This 48.8 million euro transaction is financed with the Group s liquidity
2 (1,080 million euros as at December 31, 2020) and is carried out as part of the share buyback program authorized pursuant to the 11
th resolution approved by the shareholders general meeting held on June 10, 2020. Bought-back shares will be cancelled.
Verallia Successfully Priced Its Inaugural Sustainability-linked Bond
Regulatory News:
Verallia (Paris:VRLA) announced today that it successfully priced its inaugural Sustainability-Linked Bond in an aggregate amount of €500 million with a 7-year maturity with a coupon of 1.625%. As the very first issuer of a Sustainability-linked Bond in the Glass packaging industry in Europe, Verallia is confirming its sustainability leadership in the sector.
Michel Giannuzzi, Chairman and Chief Executive Officer: We are proud to be the first in our industry to launch a sustainability-linked bond in Europe. This issuance is fully aligned with the Group s ESG strategy released in January 2021. The order book of close to EUR 2 billion demonstrates the confidence of investors in the Company s financial strength, strategy and ability to deliver on its sustainability targets.
Regulatory News: Verallia (Paris:VRLA) will meet with debt investors in the coming days with a view to launching, subject to market conditions, a Sustainability-Linked Bond offering for an amount