Moncler finds fit for €400m sustainability-linked loan

By Mike Turner
06 Jul 2020

Moncler, the Italian ski jacket maker, has signed a sustainability-linked revolving credit facility for up to €400m, continuing the trend towards more environmentally friendly practices from the infamously wasteful fashion industry.

The facility has a three year maturity with two one year extension options. Banca Imi was global coordinator and sustainability coordinator. 

Moncler’s margin is linked to it hitting environmental impact reduction targets. 

The facility is a big step up in amount borrowed for the fashion industry’s foray into sustainability-linked loans. ...

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