Satisfaction of 2028 ESG Note GHG KPI Condition

Summary by AI BETAClose X

Tesco Corporate Treasury Services PLC has confirmed the satisfaction of the Greenhouse Gas (GHG) Key Performance Indicator (KPI) Condition for its £400,000,000 unsecured ESG notes due 2028. The calculated GHG KPI Percentage was 68%, exceeding the required 60% threshold, and this will result in no change to the 1.875% per annum interest rate on the notes.

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