The Mann+Hummel Group has issued a green bond with a volume of €150 million.
It has been issued in tranches with maturity periods of five to ten years and is offered with both fixed and variable interest rate.
This is the second green bond transaction undertaken by Mann+Hummel. In 2017, the filtration company raised €400 million through a green Schuldschein.
“With the renewed green financing, we are following our long-term corporate strategy of separating the useful from the harmful with filtration. Accordingly, projects in the fields of air and water filtration, renewable energies, sustainability and environmental protection will be refinanced. Our approach is proactive rather than reactive,” said Emese Weissenbacher, managing director and chief financial officer of Mann+Hummel.
This latest transaction was managed by BNP Paribas, ING and Unicredit. The green bond was certified by Sustainalytics, an independent provider of environmental, social and governance (ESG) research and ratings.