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ADRNY Koninklijke Ahold Delhaize NV (QX)

30.395
0.165 (0.55%)
Last Updated: 15:04:28
Delayed by 15 minutes
Name Symbol Market Type
Koninklijke Ahold Delhaize NV (QX) USOTC:ADRNY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.165 0.55% 30.395 30.29 30.36 30.42 30.15 30.15 2,700 15:04:28

Ahold Delhaize Issues EUR600 Million Sustainability Bond

19/06/2019 5:59pm

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Koninklijke Ahold Delhai... (QX) (USOTC:ADRNY)
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By Oliver Griffin

 

Koninklijke Ahold Delhaize NV (AD.AE) said Wednesday that it has issued its first sustainability bond to help it finance its new and existing environmentally friendly projects.

The Dutch retailer said the bond is worth 600 million euros ($673.3 million) and has a six-year term, so that it will mature on June 26, 2025.

Ahold Delhaize said it is the first retailer to issue a euro-denominated sustainability bond.

Chief Executive Frans Muller said: "The issuance of our first sustainability bond is a vital step in creating and sharing sustainable value for all stakeholders."

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

June 19, 2019 12:44 ET (16:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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