AP Moller-Maersk said on Friday that it has launched its first green bond with a €500m ($564m) issue to help fund the construction of a series of carbon-neutral ships.
The 10-year issue was heavily oversubscribed, attracting €3.7bn in offers from potential investors. As a result, Maersk will pay an annual coupon of just 0.75% on the bonds, which will trade publicly in Luxembourg.
