Finance | Page 7

Etsy, an ecommerce company, will allocate $30 million of its cash holdings towards an impact investment fund, which will enable the company to use capital to expand its efforts to promote sustainability.

Eastman Chemical Company announced that it has closed its offering of $500 million principal amount of 5.750% Senior Unsecured Notes due 2033. The net proceeds will be allocated to eligible projects to advance Eastman’s sustainability goals of mitigating climate change and mainstreaming the circular economy.

VF Corporation, a global company focused on branded lifestyle apparel, footwear, and accessories, announced the closing of a €500 million green bond offering, representing its second green bond issued.

Teva Pharmaceutical Industries Ltd. announced its intention to issue $2,060,000,000 (equivalent) of sustainability-linked senior notes. The notes offering reflects Teva’s continued strong commitment to sustainable finance.

Comcast announced the issuance of a $1 billion 10-year green bond that is part of its goal to be carbon neutral by 2035.

Two Holcim decarbonization projects received funding of EUR 328 million from the European Union (EU) Innovation Fund.