Dürr digs deeper into green borrowing

Corporate company industrial industry cog machinery from Adobe 230x150
By Mike Turner
13 Aug 2019

Germany’s Dürr has signed a €750m sustainability-linked loan using blockchain technology, as the mechanical and plant engineering firm continues its push into sustainability refinancing that started with a green Schuldschein.

Dürr’s new loan matures in 2024 and comes with two one year extension options. It is split between a cash credit line, which will be used for general corporate purposes, and a guarantee line that will cover the company’s liabilities to third parties.

BNP Paribas, Commerzbank, Deutsche Bank and ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial