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0 -0.000719826551973352 -0.000719826551973352 0.00143534276531219 0.000860630947369313 0.00359051208259774 0.00394970696881186 0.0119238334427682
Stock impact report

Citi Issues Nine Structured Green Bonds to Finance Sustainable Development

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Citi has issued nine structured green bonds. The proceeds will be allocated exclusively to finance loans or investments made by Citi for assets or projects that meet Citi’s green bond eligibility criteria, which Citi developed to identify projects that contribute to climate change mitigation or promote sustainable infrastructure. Citi partnered with UBS, as underwriter, in the structuring and distribution of the bonds. This financing activity is aligned with the Citi’s Sustainable Progress Strategy, which sets out Citi’s guiding principles, priorities and ambitions in environmental finance, environmental and social risk management, and the firm’s own operations and supply chain. “The green bond market has gained significant traction as investors are keen to be associated with projects that align with their interest in sustainable investing,” said Fabrice Hugon, Head of Show less Read more
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