Verallia Contemplates a New EUR 500 Million Sustainability-Linked Bond Offering
Verallia (Paris:VRLA) will meet with debt investors today with a
view to launching, subject to market conditions, its second
Sustainability-Linked Bond offering for an amount of EUR 500
million with a maturity of 9 or 10 years. The net proceeds of this
issue would be used to refinance part of the existing financial
indebtedness of the Group. This issue would also enable the Group
to lengthen its debt maturity profile and continue the
diversification of its sources of funding.
The Sustainability-Linked Bond is fully aligned with Verallia’s
2030 ESG plan aiming to reduce scope 1 and 2 CO2 emissions and
increase its cullet rate on all furnaces, thus contributing to the
Sustainable Development Goals defined by the United Nations (UN
SDGs). The CO2 target, designed to support worldwide action to keep
global warming to well-below 2°C above pre‐industrial levels, has
been validated by the Science Based Targets Initiative.
The Sustainability-Linked Financing Framework and the Second
Party Opinion can be found here.
About Verallia - At Verallia, our purpose is to
re-imagine glass for a sustainable future. We want to redefine how
glass is produced, reused and recycled, to make it the world’s most
sustainable packaging material. We work in common cause with our
customers, suppliers and other partners across the value chain to
develop new healthy and sustainable solutions for all.
With around 10,000 people and 32 glass production facilities in
11 countries, we are the leading European and the third largest
producer globally of glass containers for food and beverages,
providing innovative, customized and environmentally friendly
solutions to more than 10,000 businesses around the world.
Verallia produced more than 16 billion bottles and jars and
achieved revenues of €2.5 billion in 2020. Verallia is listed on
compartment A of the Euronext Paris stock exchange (Ticker: VRLA –
ISIN: FR0013447729) and belongs to the SBF 120, CAC Mid 60, CAC Mid
& Small et CAC All-Tradable indexes.
For more information, visit www.verallia.com.
Follow us on LinkedIn, Twitter, Facebook, YouTube
Certain information included in this press release does not
constitute historical data but constitutes forward-looking
statements. These forward-looking statements are based on current
beliefs, expectations and assumptions, including, without
limitation, assumptions regarding present and future business
strategies and the environment in which Verallia operates, and
involve known and unknown risks, uncertainties and other factors,
which may cause actual results, performance or achievements, or
industry results or other events, to be materially different from
those expressed or implied by these forward-looking statements.
These risks and uncertainties include those discussed or identified
under Chapter 3 "Risk Factors" in the Universal Registration
Document approved by the AMF and available on the Company's website
(www.verallia.com) and the AMF's website (www.verallia.com). These
forward-looking information and statements are not guarantees of
This press release includes only summary information and does
not purport to be comprehensive. No reliance should be placed on
the accuracy or completeness of the information or opinions
contained in this press release.
This press release does not contain or constitute an offer of
securities for sale or an invitation or inducement to invest in
securities in France, the United States or any other
Personal data protection
You can unsubscribe from our press release distribution list at
any time by sending your request to the following email address:
firstname.lastname@example.org. Press releases will still be available to
access via the website https://www.verallia.com/en/investors/.
Verallia SA, as data controller, processes personal data for the
purpose of implementing and managing its internal and external
communication. This processing is based on legitimate interests.
The data collected (last name, first name, professional contact
details, profiles, relationship history) is essential for this
processing and is used by the relevant departments of the Verallia
group and, where applicable, its subcontractors. Verallia SA
transfers personal data to its service providers located outside
the European Union, who are responsible for providing and managing
technical solutions related to the aforementioned processing.
Verallia SA ensures that the appropriate guarantees are obtained in
order to supervise these data transfers outside of the European
Union. Under the conditions defined by the applicable regulations
for the protection of personal data, you may access and obtain a
copy of the data concerning you, object to the processing of this
data and request for it to be rectified or erased. You also have a
right to restrict the processing of your data. To exercise one of
these rights, please contact the Group Financial Communication
Department at email@example.com. If, after having contacted
us, you believe that your rights have not been respected or that
the processing does not comply with data protection regulations,
you may submit a complaint to CNIL (Commission nationale de
l'informatique et des libertés — French regulatory body).
version on businesswire.com: https://www.businesswire.com/news/home/20211102005607/en/
Investor Relations contact
Verallia | Alexandra BAUBIGEAT-BOUCHERON -
Graphique Historique de l'Action
De Mai 2022 à Juin 2022
Graphique Historique de l'Action
De Juin 2021 à Juin 2022