Burberry launches sustainability bond to diversify f - leatherbiz: Lea Leatherbiz

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Burberry launches sustainability bond to diversify finance

09/09/2020
Burberry launches sustainability bond to diversify finance

Burberry is creating a public sustainability bond to add long-term financing to the luxury company’s capital structure.

It will be offered to professional investors and eligible counterparties. 

The proceeds will be used to finance and/or refinance 'sustainability' projects.

Applications will be made for the bond to be traded on the London Stock Exchange.

 

Photo credit: Burberry


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