KKR's ContourGlobal successfully places its first green bond
ReutersFeb 6, 2025 3:08 PM
MILAN, Feb 6 (Reuters) - ContourGlobal has successfully completed the offering of its first green bond issuance denominated in euros and dollars and worth more than $1 billion, the energy company owned by U.S. investment firm KKR KKR.N said on Thursday.
Total demand for the two green bond senior secured notes due in 2030 - one worth 500 million euros ($518.20 million)and another $510 million - was 4.5 times the offer, the group said in a statement.
"We intend to continue to invest in renewable energy, battery storage, and innovative technologies," said ContourGlobal Chief Executive Antonio Cammisecra, adding the issuance reflected the company's efforts to engage with a diverse range of investors.
($1 = 0.9649 euros)
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