Unilever has issued a €750m corporate bond with a coupon of 0.5%, which the consumer goods giant said was a record low for the company.

The PG Tips owner said it would use the money raised for “general corporate purposes”, with the bond set to mature on 3 February 2022. The closing date of the offering is expected to be next week on 3 February.

“The response we’ve had to our second Euro bond in almost two years is very pleasing,” said Sridhar Ramamurthy, Unilever senior vice president for finance – treasury, tax, pensions & insurance. “This is a record low coupon for a Unilever Euro bond issuance.”

The group last turned to the European bond market in July 2013 – its first euro denominated bond in five years – to raise €750m with a coupon of 1.75% maturing in 2020.

Unilever also announced the issuance of the first-ever green sustainability bond in March last year. The company said the £250m bond was the first green bond in the sterling market, and the first by a company in the fmcg sector.

Earlier this month, Unilever said its sales had been hit thanks to mixed growth in emerging markets and Europe. The group’s revenue for 2014 declined 2.7% to €48.4bn (£37.05bn), including a negative currency impact of -4.6%. Chief executive Paul Polman said he could not see market conditions significantly improving in 2015. However, pre-tax profit climbed from €7.11bn in 2013 to €7.65bn despite the slowdown.