Brambles Limited (ASX:BXB) Prices €500 Million Green Bond
Bond Details
Brambles Limited has priced a €500 million Green Bond under its European Medium-Term Note Programme, offering a coupon of 3.625% and maturing in 2033. Settlement is expected on 2 April 2025.
Use of Proceeds
The bond will finance and refinance Brambles’ portfolio of Eligible Green Assets as outlined in its Green Finance Framework, supporting the company’s circular business model and sustainability initiatives.
Issuance and Guarantee
The Green Bond is issued by Brambles USA, Inc. and is guaranteed by Brambles Limited, Brambles Finance Limited, and Brambles Finance plc.
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