Eastman announces closing of inaugural $500 million green bond issuance

Read the full story at Yahoo Finance.

Eastman Chemical Company today announced that it has closed its offering of $500 million principal amount of 5.750% Senior Unsecured Notes due 2033, which is the first investment grade USD-denominated senior unsecured green bond offering by a U.S. issuer in the chemical sector. Net proceeds will be allocated to eligible projects to advance Eastman’s sustainability goals of mitigating climate change, mainstreaming circular economy, and caring for society.

Published by Laura B.

I'm a degreed librarian with over 30 years of experience as an environmental information professional. I'm currently the Illinois Sustainable Technology Center's Sustainability Information Curator and also manage the Center's strategic communications.

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