Smurfit Westrock (SW) has released an update.
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Smurfit Westrock has successfully completed its first green bond issuance, raising $850 million and €1.2 billion through USD and EUR denominated offerings. The proceeds will be used for redeeming existing notes, general corporate purposes, and financing eligible green projects under their Green Finance Framework. This move highlights the company’s commitment to sustainability and has attracted significant interest from investors, demonstrating strong market confidence.
For further insights into SW stock, check out TipRanks’ Stock Analysis page.
