ERM has provided a second Party Opinion on the alignment of Livent Corporation’s Green Bond Framework with the four core components of the ICMA Green Bond Principles.

The lithium technology company has successfully completed a private offering of $225 million of Convertible Senior Notes ("Green Notes") to qualified institutional buyers. Livent Corporation (NYSE: LTHM) expects to use the net proceeds from the offering to refinance existing "eligible green projects," designed to align with the provisions of the International Capital Market Association Green Bond Principles 2018.

The Green Bond Principles are voluntary process guidelines that encourage transparency and disclosure. A second-party opinion provides independent scrutiny of the alignment of an issuer’s framework for use of proceeds, selecting projects, managing proceeds and transparent reporting with these Principles.