Green Hygienics Holdings (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, today announced the offering of a green bond exclusively in Europe (the “offering”) in the principal amount of US$100 million. According to the update, the offering is issued for a five-year term with a yield of 7.25%, is not convertible, does not include warrants and, subject to customary conditions, is expected to close on or around Nov. 30, 2021. Green Hygienics has engaged Dechert LLP (Luxembourg), a leading global law firm with 22 offices around the world. Dechert advises on matters and transactions of the greatest complexity, bringing energy creativity and efficient management of legal issues to deliver commercial and practical advice for clients. The company intends to list the green bond on the Luxembourg Stock Exchange (“LuxSE”), a pioneer in green finance.
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About Green Hygienics Holdings Inc.
Green Hygienics Holdings is a California-based, innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. The company’s corporate mission is to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers as well as to partner with CPG and pharmaceutical companies. Hygienics is the science of preserving and promoting the health of individuals, communities and the planet. For more information about the company, visit www.GreenHygienics.com.
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