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Legrand: first 'sustainability-linked' bond issue

(CercleFinance.com) - Late on Wednesday Legrand completed its first bond issue indexed on its carbon neutrality path, totaling 600 million euros, with a fixed rate, 10-year maturity and an annual coupon of 0.
375%.

"Its conditions are linked to Legrand's 2030 targets for reducing greenhouse gas emissions validated by the SBTi 1, which aim to hold global warming to 1.5°C", the group said.


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