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Brambles Limited Issues €500 Million Green Bond to Boost Sustainability Efforts

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Brambles Limited Issues €500 Million Green Bond to Boost Sustainability Efforts

The latest update is out from Brambles Limited ( (AU:BXB) ).

Brambles Limited has announced the pricing of a €500 million Green Bond, maturing in 2033, under its European Medium-Term Note Programme. This bond, issued by Brambles USA, Inc. and guaranteed by Brambles Limited and its financial subsidiaries, supports the company’s commitment to sustainability by financing eligible green assets as per its Green Finance Framework. The bond issuance aligns with international green bond and loan principles, reinforcing Brambles’ position in sustainable logistics and its circular business model.

More about Brambles Limited

Brambles Limited, operating under the CHEP brand, is a global leader in supply chain logistics, providing pallets, crates, and containers that facilitate the efficient, sustainable, and safe transportation of goods. The company primarily serves industries such as fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing. With operations in about 60 countries, Brambles employs over 13,000 people and manages a vast network of service centers, particularly in North America and Western Europe.

YTD Price Performance: 16.24%

Average Trading Volume: 10,598

Technical Sentiment Signal: Sell

Current Market Cap: $17.87B

See more insights into BXB stock on TipRanks’ Stock Analysis page.

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