Brambles prices €850 million Green Bond at 4.375% coupon
Brambles Limited, through its subsidiary Brambles Finance plc, announced on 10 November 2026 the pricing and allocation of a €850 million Green Bond under its European Medium-Term Note programme.
- Amount: €850 million
- Coupon: 4.375%
- Maturity: 2034
- Settlement: expected on 16 November 2026
Brambles Finance plc is the issuer of the Green Bond, guaranteed by Brambles Limited, Brambles Finance Limited and Brambles USA, Inc.
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Green use of proceeds and next step
Proceeds from the issue are to be used to “finance and/or refinance its portfolio of Eligible Green Assets” as outlined in its Green Finance Framework. The bond supports Brambles’ circular business model and sustainability agenda.
The issue follows Brambles’ FY26 full-year results, which paired a conservative 1.17x net debt/EBITDA ratio with an S&P upgrade to A- in October 2025 and a US$400m on-market buy-back.
A Second Party Opinion (SPO) covers the framework and its alignment with the International Capital Market Association’s Green Bond Principles and the Loan Market Association’s Green Loan Principles. The framework is available on the Brambles website.
Next step:
- Settlement of the Green Bond, expected on 16 November 2026.
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