March 7, 2021–Mastercard Issues $600 Million Sustainability Bond (Environmental Leader)

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Mastercard today announced that it has successfully priced a $600 million sustainability bond at a fixed rate of 1.90%. The proceeds from the sustainability bond will support progress already made towards maximizing carbon reduction, supporting environmental choices for customers, and fostering inclusive growth. Investors will now have the opportunity to contribute to the advancement of these efforts. Specific green and social projects will align across 11 areas, as outlined in the Mastercard Sustainability Financing Framework and will contribute to the advancement of the UN Sustainable goals. To view the full article visit the Environmental Leader.