Preem publishes Preem Green Financing Framework and announces successful inaugural €340 million green bond offering
Stockholm, 15 June 2022. Preem, Sweden’s largest fuel company, today announced the successful pricing of an offering by Preem Holding AB (publ) of €340,000,000 of its 12% senior notes due 2027 in accordance with the Preem Green Financing Framework, reinforcing its commitment to ESG principles and its strategic goal of achieving net zero carbon emissions by 2035 across the relevant value chain (i.e. scope 1-3). The closing of the transaction is scheduled for 21 June 2022.One of the essential steps to achieve CO2 reduction is for the company to invest in renewables refining capacity through