Swindon and Reading-based Johnson Matthey, a global leader in sustainable technologies, has announced two separate financing arrangements linked to its commitment to reduce greenhouse gas emissions.
The company has raised €315m of private placement notes and these notes are among the first sustainability-linked financing from a UK corporate issuer.
Johnson Matthey will also receive £400m of sustainable financing through UK Export Finance’s (UKEF) Export Development Guarantee scheme. UKEF is the UK’s export credit agency and their scheme is to support UK exports, allowing Johnson Matthey’s continued investment into research and development of hydrogen projects and circular technologies.