Royal Philips priced a €650m fixed-rate bond due 2034 under its EMTN program, marking its first EU Green Bond under the European Green Bond Standard. The deal is a modest positive funding/liquidity signal, with limited expected impact on broader markets given it’s a single-issuer issuance.
Royal Philips priced a €650m fixed-rate bond due 2034 under its EMTN program, marking its first EU Green Bond under the European Green Bond Standard. The deal is a modest positive funding/liquidity signal, with limited expected impact on broader markets given it’s a single-issuer issuance.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
