On the heels of the US exit from the Paris Climate Accords, Apple has issued a $1 billion green bond to fund investment in renewable energy, Bloomberg reports. The company issued a $1.5 billion green bond last year and is now adding to that total with a second round, planning to use the proceeds to bankroll efforts to increase energy efficiency and build up renewable energy resources in the hopes of creating a “closed-loop supply chain” where products are made using only renewable resources and recycled materials, according to a statement. The bonds are expected to mature in 2027 and yield 95 to 100 basis points more than Treasuries, according to a person with knowledge of the matter.
Apple issues $1 billion green bond to fund clean energy
- By
- Dan Pye
- |
- June 13, 2017 10:07 am UTC

Share on facebook
Share on twitter
Share on reddit
Share on linkedin
Share on email
Share on whatsapp