Umicore raises €500m via debut convertible

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Umicore raises €500m via debut convertible

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Umicore CEO Marc Grynberg a press conference of materials technology company Umicore to present the 2018 year results, Friday 08 February 2019 in Brussels. BELGA PHOTO ERIC LALMAND | ERIC LALMAND/PA Images

Belgian materials technology and recycling company Umicore has tapped into growing investor demand for issuers with strong ESG credentials by placing a debut €500m convertible bonds to fund its development and diversify its funding structure.

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