(Credit: Pixabay)
Whirlpool Corporation recently announced the completion of its $300 million 10-year inaugural Sustainability Bond with an interest coupon of 2.4% per annum. This transaction is in line with its newly introduced Sustainability Bond Framework.
Whirlpool Corporation’s Sustainability Bond Framework facilitates the company’s use of sustainable capital markets to finance eligible projects that align with its commitments. Sustainalytics, an ESG research, and ratings firm, reviewed Whirlpool Corporation’s Sustainability Bond Framework and provided a second party opinion. Sustainalytics has confirmed that Whirlpool Corporation’s Sustainability Bond Framework aligns with the Sustainability Bond Guidelines 2018, Green Bond Principles 2018, and Social Bond Principles 2020, published by the International Capital Market Association.
Whirlpool Corporation Issues Inaugural Sustainability Bond to Support Environmental and Social Initiatives
News provided by
Share this article
Share this article
BENTON HARBOR, Mich., April 29, 2021 /PRNewswire/ Whirlpool Corporation (NYSE: WHR) announced today the completion of its $300 million 10-year inaugural Sustainability Bond with an interest coupon of 2.4% per annum. This transaction is in line with its newly introduced Sustainability Bond Framework. This milestone further advances Whirlpool Corporation s global sustainability strategy focusing on actions to drive positive environmental and social impacts. Over the course of our 110-year history, Whirlpool Corporation has remained committed to designing and building products that exceed our consumers expectations while investing to care for our communities and the planet, said Jim Peters, chief financial officer of Whirlpool Corporation. We re encouraged that there was such strong demand from investors and believ
Whirlpool Corporation Issues Inaugural Sustainability Bond to Support Environmental and Social Initiatives prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.