Sagax has issued an unsecured green bond loan of EUR 500 million in the European capital market. The issue has been carried out under the company’s EMTN programme. The bond loan has a maturity of 5 years with maturity date on 26 January 2031. The fixed annual interest rate is 3.49 per cent, corresponding to the Euro Mid-Swap plus a margin of 0.98 per cent.
The proceeds from the bond issuance will be used for general corporate purposes in line with Sagax’s Green Finance Framework.