June 01, 2020

[Coporate News] BASF issues €2.0 billion in corporate bonds

Initial placement of a green corporate bond to finance sustainable products and projects

Attractive conditions thanks to very solid financial structure and leading sustainability position

On May 28, 2020, BASF successfully placed bonds with a total volume of €2.0 billion on the capital market. The first tranche has an issue volume of €1.0 billion, a term of 3 years and an annual coupon of 0.101% and will be used for general corporate financing purposes. With the second tranche, BASF issued its first green bond. This has a term of 7 years, a volume of €1.0 billion and an annual coupon of 0.25%; it serves to finance sustainable products and projects. BASF was able to secure attractive conditions thanks to its very solid financial structure and its leading sustainability position.

“We are pleased with the successful placement. The strong demand from investors for BASF bonds underscores the capital market’s confidence in our solid financial policies and our sustainability-driven corporate strategy,” said Dr. Hans‑Ulrich Engel, BASF’s Chief Financial Officer. “The initial issue of a green bond now firmly anchors sustainability in BASF’s financing strategy as well.”

BASF has established a framework for financing instruments based on sustainability criteria. This green finance framework enables BASF to finance sustainable products or projects offering a clear benefit to the environment and society with green bonds on the capital market. Such bonds fully align with BASF’s corporate purpose, which reflects what the company stands for: We create chemistry for a sustainable future. BASF wants to contribute to a world that provides a viable future with enhanced quality of life for everyone. This is why the company offers products and solutions that are designed to make the best use of available resources and help to overcome new challenges.

The green finance framework and BASF’s investor presentation can be found online at www.basf.com/green-finance.

More News

See all

September 29, 2023

Green growth takes center stage at Vietnam Green Building Week

Read more

September 29, 2023

[CORPORATE SUPPORT] BASF Vietnam and partners rebuild seventh school for 100 students

Read more

September 29, 2023

EuroCham attends discussions on the draft decree pertaining to the 2023 Tendering Law

Read more

September 29, 2023

EuroCham unveils upcoming Green Economy Forum (GEF) 2023 at Hanoi press conference

Read more

September 29, 2023

[CORPORATE SUPPORT] Nestlé ranks first in coffee sustainability

Read more

September 28, 2023

Empowering Vietnam’s agricultural sector: EuroCham attends seminar on innovation for export competitiveness in agriculture

Read more

September 28, 2023

EuroCham Transportation and Logistics Sector Committee Meets with Ba Ria-Vung Tau Customs

Read more

September 22, 2023

EuroCham Vietnam attended National Assembly’s Vietnam Socio-Economic Forum 2023: Reinforcing Internal Capacity for Sustainable Growth

Read more

September 22, 2023

EuroCham Medical Devices and Diagnostics Sector Committee (MDDSC) joined ASEAN Common Submission Dossier Template Workshop

Read more

September 22, 2023

EuroCham’s collaborative meetings with the EU Ambassador-Designate Julien Guerrier

Read more

September 22, 2023

EuroCham Vietnam extended a warm welcome to French Ambassador to Vietnam H.E .Olivier Brochet

Read more

September 22, 2023

EuroCham Vietnam joined a launch of the “Circular Economy & Pioneering Models” book

Read more

September 21, 2023

EuroCham Vietnam hosts an exclusive evening to welcome EU Ambassador-Designate to Vietnam

Read more

September 15, 2023

EuroCham engages in a productive dialogue with the Administrative Procedures Control Agency and Reform (ACAPR)

Read more

September 15, 2023

A resounding success: Vietnam International Sourcing Expo 2023 and the EU-VN Trade Forum

Read more

September 15, 2023

[Event recap] EuroCham Women in Business Sector Committee hosted successful Roundtable on Gender Pay gap with Fulbright Professor Graeme Walker

Read more

September 15, 2023

[Sector Committee spotlight] Food, Agri and Aqua Business Sector Committee (FAABS)

Read more

September 14, 2023

Ho Chi Minh City Economic Forum 2023 and the 100 CEOs -Tea Connect spotlight green growth and net zero initiatives

Read more

September 12, 2023

EuroCham Vietnam engages in key talks with Luxembourg delegation to bolster EU-Vietnam economic relations

Read more

September 08, 2023

EuroCham participates in an inaugural meeting of Government Taskforce on Administrative Reforms (APR)

Read more

September 08, 2023

[CORPORATE] First Bayer ForwardFarm of Southeast Asia launched in Vietnam

Read more

September 08, 2023

EuroCham contributes to a critical discussion on attracting foreign investment in high-technology and promoting technology transfer

Read more

September 07, 2023

EuroCham Food, Agri, and Aqua Business Sector Committee (FAABS) explores sustainable aquaculture solutions at Skretting Factory in Long An

Read more

August 31, 2023

EuroCham delegation visits Bac Giang to discuss EU-Vietnam business trends

Read more

August 25, 2023

EuroCham Green Growth Sector Committee spotlights blue-green infrastructure solutions

Read more

August 25, 2023

EuroCham Vietnam engages authorities and state-owned enterprises to drive green growth and spotlight GEF 2023

Read more

August 25, 2023

[SUPPORTED EVENT] Nestlé Vietnam – Innovation and sustainability bring competitive advantages in business

Read more

August 25, 2023

[Sector Committee spotlight] Legal Sector Committee (LSC)

Read more

August 24, 2023

EuroCham’s Tourism and Hospitality Sector Committee visits Binh Thuan to explore tourism promotion collaboration

Read more

August 24, 2023

[Event recap][Business Luncheon] Mid-year review and Forecast for the second half of the year On the Vietnamese Economy

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners