Symrise signs € 500 million sustainability-linked Revolving Credit Facility DGAP-News: Symrise AG / Key word(s): Financing 10.05.2021 / 10:00 Revolving Credit Facility replaces existing € 300 million RCF Interest margin directly tied to three sustainablity KPIs around greenhouse gas emissions, sourcing and water consumption Sustainability-linked margin adjustments to support projects by "Save the Children" in Madagascar
Symrise AG signed the first Revolving Credit Facility (RCF) with a dedicated sustainability component. The new facility comprises a volume of € 500 million and has a duration of 3 years. It represents one of the Group's different financing instruments and will serve to finance additional strategic growth initiatives. It will replace the existing Revolving Credit Facility of € 300 million, which had been concluded in 2015. With this first sustainability-linked credit facility, Symrise underlines once more its commitment to combine economic progress and growth with sustainable and responsible action.