Pepsi’s $1 billion green bond puts it in growing ranks of big companies selling debt for climate-change initiatives

PepsiCo Inc. has priced its first-ever green bond, earmarking the proceeds from the $1 billion offering to help the food and beverage giant cut virgin-plastic use and replenish the water it consumes in making sodas and snacks.

Original source: http://www.marketwatch.com/news/story.asp?guid=%7B7C031596-E9D2-11E9-89A8-85FFFC5C0D88%7D&siteid=rss&rss=1

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