The energy drink producer Hell issued HUF 67 billion worth of green bonds

By: Trademagazin editor Date: 2021. 07. 26. 11:54

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Hell Energy Magyarország Kft. issued green bonds with a nominal value of 67 billion HUF in the Growth Bond Program of the Magyar Nemzeti Bank, the energy drink manufacturer informed MTI on Monday.

They highlighted that the average yield on green bonds advertised in record amounts was 2.8 percent, with a significant oversubscription.
The company plans to use the raised funds to finance its investment program announced in the amount of nearly 80 billion HUF, during which capacity expansions in line with green goals will be implemented in Szikszó, they indicated. (MTI)