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Company is committed to keeping its investment grade balance sheet
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The company's decision to replace its facilities follows an investment grade rating and bond issue -
The Italian payments company has maturities coming due in 2026 and 2027
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But low spreads on bonds posing stiff competition for loan market
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The loan will have KPIs including the percentage of the company's capex aligned with the EU taxonomy
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Company outlook moved to negative though it remains investment grade
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The company has at least five other drawn facilities
