We advised Neste Corporation in the issue of a EUR 500 million green bond. The 7-year bond represents the first issuance under Neste Corporation’s newly established Green Finance Framework.
‘With the issuance of our first Green Bond, we are providing investors the opportunity to support our objective to mitigate climate change globally by reducing greenhouse gas emissions through our renewable and circular solutions’, says Mika Rydman, Vice President and Group Treasurer, Neste
The proceeds from the issue will be used in accordance with Neste Corporation’s Green Finance Framework, for example for investments into the development, operation, maintenance and expansion of the company’s renewable and circular solutions with the objective of mitigating climate change globally by reducing greenhouse gas emissions.