Klabin raises $500mn in sustainable bonds

With the lowest yield in the company’s history for a ten-year international bond, Klabin today closed a $500 million issue of sustainable-linked bonds – debt securities linked to sustainable targets to be met by the group. The yield and coupon, which had the same rate, were 3.20% per year. Demand was also strong: over ten times the volume raised.

Source: Valor Investe