Smurfit Kappa to launch debut €1bn green bond

Smurfit Kappa, the cardboard box-maker riding the wave of sustainable packaging, is venturing into the area of green funding with plans to raise €1 billion.

The Dublin-based multinational said on Monday that its planned debt offering is under its new green finance framework, where money raised will be targeted at products using certified sustainable raw materials and production methods, as well as environmentally sustainable management of natural resources and land.

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