Citi Closes $72 Million Principal-Protected Note Offering
Bitget2026/10/20 12:13- Citi closes $72 million, 3.5-year principal-protected Carbon Removal-Linked Note to support Applied Carbon's Texas biochar project.
- Investors forgo traditional coupon payments, directing an upfront amount to project financing; payments are linked to carbon credit issuance and delivery.
- Microsoft signed a 2022 offtake agreement for a portion of the project's carbon credits, providing long-term demand support.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Despite a 16% drop in sales, profit remains stable! Porsche (POAHY.US) maintains its earnings, with the 911 as a key support
Despite another significant decline in car sales, the profitability of the German luxury carmaker Porsche remains stable. The demand for high-end models such as the 911 and its expensive derivative models has helped the company cushion the impact of weak performance in the Chinese market.
Equities: AI optimism lifts global stocks and chipmakers – Danske Bank
USD/JPY Price Forecast: Strives to return above 20-day EMA
Parkinson's disease therapy developer Aspen Neuroscience (ASPE.US) sets IPO price at $15-17 per share, aiming to raise $150 million
Aspen Neuroscience has announced its IPO terms.
Crypto prices
More
