EQS-News: Vossloh concludes sustainability-linked syndicated loan at attractive conditions
Source: EQS
Vossloh concludes sustainability-linked syndicated loan at attractive conditions
Werdohl, A key feature of the new financing agreement is the linking of the interest margin to the conformity rate of taxonomy-aligned sales in accordance with the EU Taxonomy Regulation - a standardized classification system for sustainable economic activities - in the form of a bonus-malus scheme. This underlines the importance of sustainability for Vossloh and is an expression of the company's objective to further improve its excellent ESG performance in the future. Dr. The new syndicated loan was provided by a group of eight banks in form of a club deal. Commerzbank AG acted as documentation agent for the transaction and
Contact details for the media: Contact details for investors: Vossloh is a global technology group which for some 140 years has stood for quality, safety, customer focus, reliability and innovative strength. With its comprehensive range of rail-related products and services, Vossloh ranks among the world market leaders in this sector. Vossloh offers a uniquely broad range of products and services under one roof: Rail fastening systems, concrete ties, switch systems and crossings, as well as innovative and increasingly digital-based services for the entire life cycle of rails and switches. Vossloh uses its systemic understanding of the track to address the central customer need of "availability of the rail track". Vossloh products and services are in use in more than 100 countries. With some 75 Group companies in almost 30 countries and over 40 production locations, Vossloh is active locally worldwide. Vossloh is committed to sustainable corporate governance and climate protection and with its products and services makes an important contribution to the sustainable mobility of people and goods. The Group's activities are organized into the three divisions Core Components, Customized Modules, and Lifecycle Solutions. In financial year 2022, Vossloh generated sales revenues of
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Language: | English |
Company: | |
Vosslohstr. 4 | |
58791 Werdohl | |
Phone: | +49 (0)2392 52 - 359 |
Fax: | +49 (0)2392 52 - 219 |
E-mail: | investor.relations@vossloh.com |
Internet: | www.vossloh.com |
ISIN: | DE0007667107 |
WKN: | 766710 |
Indices: | SDAX |
Listed: | Regulated Market in |
EQS News ID: | 1842565 |
End of News |
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1842565 22.02.2024 CET/CEST