BRIEF-Seche Environnement Issues A 50 Million Euro Impact Bond

PUBLISHED: Wed, 24 Mar 2021 17:19:10 GMT
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March 24 (Reuters) – SECHE ENVIRONNEMENT SA:

* 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: Further company coverage: (Gdansk Newsroom)

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