Danone issues first corporate social bond in line with ICMA guidelines
French food conglomerate Danone is the first multinational company to issue a social bond aligned with the new Social Bond Principles set out in the summer of 2017 by the International Capital Market Association.
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.
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