KELLOGG COMPANY ALLOCATED SUSTAINABILITY BOND NET PROCEEDS
BATTLE CREEK, Mich., Oct. 18, 2022 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced in its 2022 Sustainability Bond Impact Report that it has fully allocated the net proceeds from its inaugural sustainability bond issued in May 2021, which totaled €300 million before offering expenses and underwriting discounts and commissions.
- BATTLE CREEK, Mich., Oct. 18, 2022 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced in its 2022 Sustainability Bond Impact Report that it has fully allocated the net proceeds from its inaugural sustainability bond issued in May 2021, which totaled 300 million before offering expenses and underwriting discounts and commissions.
- Additionally, for the fifth year, Kellogg has been named to the prestigious Dow Jones Sustainability World and North American indices (DJSI World/DJSI North America).
- Kellogg's sustainability bond was issued in line with Kellogg's Sustainability Bond Framework, which facilitates the company's use of sustainable capital markets to finance or refinance eligible projects that align with its commitments.
- Kellogg's Sustainability Bond Framework has been reviewed by Sustainalytics, a second-party opinion provider and is aligned with the Sustainability Bond Guidelines 2018, Green Bond Principles 2018 and the Social Bond Principles 2020.