Huhtamäki Oyj has signed a EUR 125 million bilateral term loan facility agreement with a maturity of two (2) years. The term loan will be used for refinancing and general corporate purposes of the Group. The facility has a one-year extension option at the discretion of the Lender, and the interest margin is tied to three sustainability indicators:
- Absolute scope 1 and 2 greenhouse gas emissions amount
- Share of non-hazardous waste recycled
- Ecovadis Rating
The Lender of the facility is OP Corporate Bank Plc.
https://www.huhtamaki.com/en/media/media/press-release/2023/huhtamaki-signed-a-eur-125-million-sustainability-linked-term-loan-facility/
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