Thai Union Launches Thailandâs 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 whole.
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