Mastercard Issues $600 Million Sustainability Bond

Mar 2021
Global, March, 03 2021 - The 10-year bond will pay interest semi-annually at a fixed rate of 1.90%. Accompanying this 10-year Sustainability Bond was a traditional $700 million 30-year bond that will pay interest semi-annually at a fixed rate of 2.95%. Mastercard expects to allocate the net proceeds from the Sustainability Bond to eligible initiatives within 3 years of the transaction.

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Source : BusinessWire

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