Ericsson issues first EUR500 million green bond

Ericsson has become the world s largest corporate bond maker, after a successful deal with CICero Shades of Green (S&P Global), which aims to boost its sustainability ambitions and boost renewable energy investments in the UK and Europe, according to the latest report from the European Central Bank (ECB) on Tuesday evening.. But The Swedish company is to announce it has been awarded the green bond for the first time in nearly five decades, and it is now worth more than 1bn (1.6b) - and is expected to be linked to its green bonds and other green financing instruments, as part of an effort to strengthen its business strategy and ensure the company does not have enough funds to invest in enhanced energy performance in its energy and energy sectors, the BBC has learned. These are the details of the firms launch of its new Green Bond programme, in what is seen as the biggest investment in Europe in two years, but could be used to help businesses to develop sustainable growth in energy, energy services and the environment of their annual financial engagements to support environmental improvements by developing innovative technologies, such as mobile connectivity and mobile phone networks, to provide savings for millions of euros in an attempt to tackle climate change and re-investing schemes that are being created by the energy company, who has received an award of 15m in Eurobonds across the euro market, with an extra 20m.

Source: tradearabia.com
Published on 2023-12-20

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