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Investegate |Ahold Delhaize Announcements | Ahold Delhaize: Ahold Delhaize successfully priced its inaugural Sustainability-Linked Bond


Ahold Delhaize successfully priced its inaugural Sustainability-Linked Bond
Zaandam, the Netherlands, March 
11
, 2021 – Ahold Delhaize today announced that it successfully priced its inaugural Sustainability-Linked Bond, amounting to €600 million with a term of 9 years, maturing on March 18, 2030.  
The bond was issued in accordance with Ahold Delhaize’s published Sustainability-Linked Bond Framework (the Framework), which follows the ICMA Sustainability-Linked Bond Principles. In its Second Party Opinion, Sustainalytics considers the Sustainability Performance Targets (SPTs) ambitious and aligned with Ahold Delhaize’s sustainability strategy, including alignment with a 1.5-degree temperature rise scenario and Ahold Delhaize’s leading efforts with respect to food waste reduction. The Framework and Second Party Opinion can be found here.  ....

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The Rise of ESG Bonds in Corporate Financing | Bennett Jones LLP


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Sustainable investing has gained significant traction in recent years as a way for companies to exhibit corporate social responsibility in the community by meeting a wide range of environmental, social and governance (ESG) targets. Increasingly, issuers are also finding they are being financially rewarded for such investing strategies, some claiming pricing bumps of up to 20 basis points (bps). ESG bonds an umbrella term that captures green bonds, social bonds, and sustainable development bonds are some of the most popular capital-raising initiatives used for reaching these targets. Over the past five years, the number of corporate green-bond issuances continues to grow as both public and private issuers try to demonstrate increased environmental and social consciousness to their investors. ....

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