Fagron makes switch to sustainable loan

By Mike Turner
06 Aug 2019

Belgium’s Fagron has signed a €375m sustainability-linked credit facility, with the healthcare and pharmaceutical supply company aligning the margin of the facility to greenhouse gas emission reduction.

The new facility has a five year maturity, with two one year extension options. 

It replaces a €325m non-sustainability linked facility the company had outstanding. The new deal has lower financing cost than the old deal. 

The prevalence of sustainability-linked loans is going to continue rising, as borrowers tend to ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.