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Thai Union Group pcl (via Public) / Thai Union Launches Thailand's First Sustainability-Linked Bond


Thai Union Launches Thailand’s First Sustainability-Linked Bond
Ground-breaking bond reaffirms Thai Union s strategic commitment to sustainability throughout its business
New product builds on Thai Union s Blue Finance portfolio following the Sustainability-Linked Loan launched in February 2021
BANGKOK - July 21, 2021 - Thai Union Group PCL. (Thai Union), the world s leading seafood processor, has successfully priced a THB 5 billion seven-year senior, unsecured Sustainability-Linked Bond (SLB) for institutional investors. The SLB carries an interest rate of 2.47 %. p.a. and was issued on July 20, 2021.
This is the first SLB that has been launched in Thailand and follows the launch of Thai Union s inaugural Sustainability-Linked Loan (SLL) in February 2021, further demonstrating the Company s ongoing commitment to its ESG principles. It is another significant step forward for Blue Finance-financing for projects benefiting oceans-and the seafood industry as a wh ....

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Sea Change: The Nature Conservancy And Thai Union Partner Around Game-Changing Transparency Pledge


(PRNewsfoto/Thai Union Group PCL)
ARLINGTON, Va., March 3, 2021 /PRNewswire/ As ocean ecosystems continue to face unprecedented pressure Thai Union, one of the world s largest seafood companies, has partnered with leading global conservation organization The Nature Conservancy (TNC), on a pioneering commitment to full supply-chain transparency in its global tuna supply chains. This commitment has the potential to push the entire industry in a more sustainable direction by addressing widespread illegal, unregulated and unreported (IUU) fishing practices.
Thai Union Group, a global leading seafood provider with annual revenues of more than  US$4.1 billion will work with TNC s sustainable fisheries experts to implement 100% on-the-water monitoring of its vast tuna supply chain by 2025. This work includes deploying electronic monitoring on all of its partner vessels in their supply chains – including onboard video cameras, GPS, and sensors to automatically track activi ....

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