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  • Photo: VTG

04.11.2020

Artikel Nummer: 33945

VTG places green bonds


VTG in Germany has placed corporate bonds totalling EUR 746 million on the American and European equity markets. For the first time in the company’s history, these bonds are “green private placements.”

 

In accordance with the criteria of the “climate bond initiative”, the bonds are certified as sustainable, since VTG’s key business – the leasing of railfreight wagons and the organisation of heavy goods transports – cut more CO2 emissions than other modes of transport.

 

The issuing of the bonds is part of a consolidation process in VTG’s debt capital structure. Long maturity periods provide planning security and better and more attractive conditions than before the Covid-19 crisis enable to reduce financing costs. (ben)

www.vtg.de

 

 

 

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