Redexis joins Spanish trend to ESG borrowing

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By Mike Turner
03 Jun 2019

Redexis, the Spanish natural gas distribution company, is making its first step into sustainability-linked borrowing, while amending and extending its revolving credit facility.

The company has renegotiated terms on its €300m revolver, shifting the maturity from November 2022 to May 2024. The deal has two one year extension options.

Redexis has also linked the margin to its sustainability. Vigeo Eiris has been hired to issue rating reports on Redexis. If Redexis performs ...

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