UPM issues its second green bond
(UPM, Helsinki, 15 March 2021 at 19:00 EET) – UPM has successfully issued a new EUR 500 million green bond under its EMTN (Euro Medium Term Note) programme and its Green Finance Framework. The bond matures in March 2031 and pays a fixed coupon of 0.50%. UPM will apply for the bond to be listed on the Irish Stock Exchange plc, trading as Euronext Dublin. Citigroup, BNP Paribas, Danske Bank and Nordea acted as Joint Bookrunners for the transaction. The net proceeds from the bond will be used for financing and/or refinancing of Eligible Projects and Assets under UPM’s Green Finance