Aluflexpack links sustainability criteria to syndicated loan
We are happy to announce that we reached an agreement with financing partners to integrate the Group’s performance in sustainability criteria to syndicated credit lines in the amount of €100m. This is the first time that the Group ties its loans to sustainability targets.
The Group’s CFO, Lukas Kothbauer adds: “We are very pleased to align a significant part of our financing to our sustainability framework. This strategic decision is in line with our commitment to responsible business practices, contributes to our long-term value creation and will be followed by many other initiatives in our ambitious sustainability agenda and decarbonisation journey towards achieving net zero emissions.”
Read more in the full Media release!