Since the International Capital Market Association, ICMA, launched its princples for Social Bonds last summer no corporate social bonds have been launched. But French food conglomerate Danone just changed that by successfully issuing a 300 million Euro social bond.
CFO Cécile Cabanis said in a statement: "Creating positive impact on our ecosystem is a key enabler to drive sustainable value. This bond issuance has attracted significant interest from ESG Investors."
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