Brief: Seche Environnement Issues A 50 Million Euro Impact Bond

Seche Environnement SA

24/03/2021 17:19

March 24 (Reuters) - SECHE ENVIRONNEMENT SA  CCHE.PA :
    * ISSUE OF IMPACT BOND WITH ESG CRITERIA TO ACCELERATE
GROWTH IN
SUSTAINABLE DEVELOPMENT MARKETS
    * SÉCHÉ ENVIRONNEMENT ISSUED A €50 MILLION IMPACT BOND WITH
A
MATURITY OF EIGHT YEARS
    * NOMINAL INTEREST RATE OF THE ISSUE OF 2.90%
    * NOMINAL INTEREST RATE CAN BE REVISED DOWNWARD BY 20 BASIS
POINTS
(0.2%) IF ESG CRITERA EVOLUTION IS FAVOURABLE
    * ISSUE INTENDED TO FINANCE ACQUISITION OF SPILL TECH IN
SOUTH
AFRICA AND INVESTMENTS FOR GROWTH SCHEDULED FOR 2021

Source text for Eikon:  ID:nNDL3ZzzlS 
Further company coverage:  CCHE.PA 

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