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Shanks Group Raises EUR100 Million In Belgian Green Bond Issue (ALLISS)

3rd Jun 2015 11:24

LONDON (Alliance News) - Waste management company Shanks Group PLC on Wednesday said it has closed its EUR100 million Belgian Green Bond issue.

Shanks said the bonds will mature in June 2022 and said the net proceeds from the issue will be used to finance its ongoing infrastructure investment programme.

The bonds were placed by BNP Paribas Fortis and KBC.

Shanks shares were up 1.2% to 110.593 pence on Wednesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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