ICG successfully prices €500 million 8-year sustainability-linked Eurobond
To further align all parts of our business with our commitment to being net zero by 2040 across all of our operations and relevant investments, the bond features a coupon adjustment based on the progress ICG makes in achieving its science based targets. Further details on ICG’s science-based targets are available here.
Sustainalytics has provided a second party opinion confirming the ICG Bond Framework (“Framework”) aligns with The Sustainability-Linked Bond Principles 2020. Sustainalytics’ second party opinion and the Framework are available on ICG’s website: Debtholders (icgam.com).
"This is our second Eurobond, and we are delighted it was so positively received. This long-term financing further enhances our financial flexibility and extends the weighted-average duration of our drawn debt to 4.8 years. The economic alignment with achieving our science-based targets underlines the importance ICG places on our net zero ambition, and follows the successful arrangement of our ESG-linked RCF in
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ABOUT ICG
ICG provides flexible capital solutions to help companies develop and grow. We are a global alternative asset manager with over 30 years' history, managing
We develop long-term relationships with our business partners to deliver value for shareholders, clients and employees, and use our position of influence to benefit the environment and society. We are committed to being a net zero asset manager across our operations and relevant investments by 2040.
ICG is listed on the
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- 220120_Bond RNS
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