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Legrand: first 'sustainability-linked' bond issue

( - 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.

"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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