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Symrise signs € 500 million sustainability-linked Revolving Credit Facility


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 ....

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Vestas signs new EUR 2,000 million sustainability-linked revolving credit facility


Aarhus, 29 April 2021
Vestas has signed a EUR 2,000 million revolving multi-currency credit facility with a group of leading banks. The facility s margin will be closely linked to Vestas sustainability KPIs, and will support Vestas ambitions to accelerate the deployment of renewable energy, and drive technological innovation.
The facility, which is available for general corporate purposes, including guarantees issuance in relation with wind power projects, carries a five-year tenor with two one-year extension options, replacing Vestas undrawn EUR 1,150 million revolving credit facility signed in 2017.
The successful transaction, concluded following the assignment of a strong credit rating of Baa1 from Moody´s, underlines a growing confidence in Vestas continued financial and operational transformation, as well as in the significant projected growth of renewable energy in the near future. ....

Societe Generale , Lisa Ekstrand , Skandinaviska Enskilda Banken , Manita Dosanjh , Marika Fredriksson , Mathias Dalsten , Communications Specialist , Danske Bank , Jp Morgan , Banco Santander , Vestas Wind Systems , Executive Vice President , Senior Director , Co Ordinating Mandated Lead Arrangers , Mandated Lead Arrangers , Standard Chartered , Mandated Lead , Documentation Agent , Facility Agent , சமூகம் ஜெநர்யால் , மரிகா ப்ரெத்ரிகஸ்சோன் , தகவல்தொடர்புகள் நிபுணர் , ஜ்ப் மோர்கன் , பான்கோ சாந்தண்டர் , வெஸ்டாஸ் காற்று அமைப்புகள் , நிர்வாகி துணை ப்ரெஸிடெஂட் ,