Reference is made to the stock exchange announcement on
- 6 year
- 6 year
“We are very pleased to be the first investment grade Norwegian company having issued sustainability linked bonds. This is the first issuance under Hydro's Green and sustainability linked financing framework and EMTN Programme and a proof of our commitment to deliver on our ambitious roadmap to reduce our greenhouse gas emissions and increase our recycling of post-consumer scrap. These are key pillars to deliver on our strategy of strengthening our position in low-carbon aluminium and maintaining our strong competitive industry position. Interest from investors has been very strong and we have accomplished competitive terms given current market conditions,” says CFO
The proceeds from the bond issuances are for general corporate purposes. An application will be made for the bonds to be listed at the
For further information, please contact:
Investors:
Line Haugetraa
+47 41406376
Line.Haugetraa@hydro.com
Media:
+47 92979797
Halvor.Molland@hydro.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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