By Stephen Nakrosis

Equitable Holdings Inc. on Monday said it completed its inaugural sustainable financing issuance, offered in the form of five-year funding agreement-backed notes through Equitable Financial Life Global Funding.

The financial services holding company said about half the issuance went to "investors focused on environmental, social, and governance related investments."

Proceeds will fund green and social projects, the company said, adding eligible projects aligned with its sustainability priorities and also with UN Sustainable Development Goals.

Robin Raju, the company's chief financial officer, said, "This issuance under Equitable's Sustainable Financing Framework furthers the company's commitment to being a force for good and driving positive environmental and social change while positively impacting all of the stakeholders we serve."

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

07-12-21 1814ET