Siemens Energy issued a Green Bond worth EUR 1.5 billion, with two tranches, to refinance debt and acquire outstanding shares. The bond’s proceeds are only for ESG projects, and the Green Bond Framework complies with the Green Bond Principles 2021 of the International Capital Market Association, as confirmed by Sustainalytics. The EU-labeled Green Bonds framework remains unapproved, and the label is currently not available for issued bonds.
resource: https://esgnews.com/siemens-energy-successfully-places-eur-1-5-billion-green-bond/