Fagron makes switch to sustainable loan

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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 ...

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