SWECO
Sweco converts existing EUR 400 million revolving credit facility to a sustainability-linked loan
The terms and conditions of the credit facility will be linked to targets for Sweco’s long-term initiatives to reduce GHG emissions in own operations and to increase gender equality among employees.
“Sustainability is integrated in everything we do at Sweco. It is therefore a natural step to link the company’s financing to our sustainability targets,” says Olof Stålnacke, CFO of Sweco.
Sweco’s annual interest expense is linked to the annual outcome of two key performance indicators (KPIs) for the company’s sustainability efforts.
The amendment agreement has been entered into with the existing bank group consisting of SEB, Swedbank and Svenska Handelsbanken, with SEB as the sustainability coordinator.
| Datum | 2023-05-24, kl 08:00 |
| Källa | Cision |
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