Thursday, October 19, 2023 3:40:04 PM
Unless you believe JPM is in the business of lying on their prospectus material...
USE OF PROCEEDS:
We intend for the notes offered by this prospectus supplement to be issued in accordance with the Green Bond Principles, as updated in June 2021 (the “Green Bond Principles”). These principles are voluntary guidelines that were developed by an industry working group administered by the International Capital Markets Association and are intended to promote integrity in the green bond market through recommendations relating to transparency, disclosure and reporting.
In accordance with the Green Bond Principles, we have adopted internal procedures for: (i) providing our undertaking that an amount equal to the net proceeds of any green bond issuance by us will be allocated to fund projects that meet our eligibility criteria described below (“Eligible Green Projects”); (ii) evaluating and selecting Eligible Green Projects; (iii) ensuring that an amount equal to the net proceeds of any green bond issuance is allocated to Eligible Green Projects on a portfolio basis; and (iv) on an annual basis, providing a publicly available report concerning the allocation of an amount equal to the net proceeds of our outstanding Sustainable Bonds issued from and after October 2022 to fund Eligible Green Projects or eligible social projects, as applicable
Recent COOP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
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