
Coffee seller Starbucks has issued a 30-year $1bn Sustainability Bond, which will be partly used to invest $20m into responsAbility Investments AG, as part of its Starbucks Global Farmer Fund that is refinancing loans to coffee farmers to replace old for new trees, buy new equipment and take other action to improve quality and productivity. Previous bonds were issued in 2016 and 2017. Over time the funds raised by the issuance are intended to ensure coffee can be bought under verified Coffee and...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes