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Bel issues first CSR-indexed Euro PP

On the 10.25.19 at 7:42AM

by

Olivier Pinaud

The French cheesemaker issued bonds whose coupon will be raised by 5 basis points in the event of non-compliance with environmental and social commitments.

Bel, a French cheese company, was already a pioneer in Euro PP (Euro Private Placement), with an inaugural issue in December 2012, a few weeks after Bonduelle created this category.

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