3 weeks ANI plans 75-M euro green bonds issue MB |Biz
Agrinurture Inc. (ANI), the listed agriculture company of businessman Antonio Tiu, is planning to raise up to EUR 75 million (P4.29 billion) through the issuance of long term Green Bonds and commercial papers. In a disclosure to the Philippine Stock Exchange, the firms aid its Board of Directors has approved the plan to issue Green Bonds with a maturity of up to seven years, including the issuance of commercial papers. “The issuance shall fund the agricultural project expansion of the Company geared towards climate change adaptation and minimized environmental footprint,” Agrinurture said.  Tiu noted that the firm continues to expand ... more