FrieslandCam debuts in SLL in dairy deluge

By Mike Turner
30 Mar 2021

Royal FrieslandCampina, the Dutch dairy cooperative, has signed a €300m debut sustainability-linked loan arranged by ING, a week after the Dutch bank helped arrange financing for Belgian dairy cooperative Milcobel.

FrieslandCampina’s three year facility will refinance short term debt maturities. It has a margin linked to three key performance indicators.

The company must reduce greenhouse gas emissions in its production and transport network, decrease greenhouse gas emissions on the dairy farms of its member farmers, and increase the traceability ...

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