By Miriam Mukuru
Dutch multinational food retailer Ahold Delhaize launched a new 500 million euros ($519 million) 8-year sustainability-linked bond on Monday.
The bond's initial pricing was around mid-swaps plus 130 basis points. It launched at mid-swaps plus 95 basis points, according to LSEG.
Proceeds will go toward general corporate purposes and refinancing for maturing bonds.
CreditSights analysts have a market perform recommendation on Ahold Delhaize's bonds.
Write to Miriam Mukuru at miriam.mukuru@wsj.com
(END) Dow Jones Newswires
March 03, 2025 09:47 ET (14:47 GMT)
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