Belron preps cross-border ESG ratchet loan for chunky divi

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Belron preps cross-border ESG ratchet loan for chunky divi

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An autoglass body repair logo on the side of a white van | Gary Hider/Gary L Hider - stock.adobe.com

Windscreen repair group Belron, which owns brands such as Autoglass and Carglass, looks set to become the second borrower to raise an ESG-linked leveraged loan in dollars and euros, adding this feature into a broad financing package of new loans and amendments to fund a €1.46bn dividend to owners D’Ieteren Group and CD&R.

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