Adidas Issues €500 Million Green Bond
The proceeds of the offering may be used by The Big a to finance sustainable projects, including investments in renewable energy production and energy-efficient buildings, purchases of recycled materials, and other environmentally conscious initiatives. Green bonds are becoming increasingly popular in Europe, and were utilized by VF Corp. (€500 mm) and Moncler (€400 mm) earlier this year. Adidas’ unsecured notes, which will mature ... Log in to view full article.