Global seafood processing powerhouse Thai Union successfully issued dual-tranche senior and unsecured sustainability-linked bonds (SLB) totaling THB 6 billion (€158.9 million/$182.4 million) to institutional investors.

The five-year tranche of THB 4.5 billion (€119.7 million/$137 million) was priced at 2.27 percent and the 10-year tranche of THB 1.5 billion €39.9 million/$45.7 million) was priced at 3.36 percent.

The company issued the first ever SLB in Thailand in July.

Thai Union was recently ranked number one on the Seafood Stewardship Index (SSI) for the second consecutive time for its performance delivering against the United Nations Sustainable Development Goals (UN SDGs).