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Italgas signs 600 million sustainable loan - Finance & Business

2024-03-08T08:18:35.319Z

Highlights: Italgas signs 600 million sustainable loan - Finance & Business. Italgas has signed a 'Sustainability Linked' loan of 600 million euros with a maximum maturity of 5 years. The operation is linked to some sustainability objectives relating to the reduction of Scope 1 and 2 emissions and the presence of women in positions of responsibility. The banks involved are Bnl, Bnp Paribas, Cdp, IntesaSanpaolo, Mediobanca, SocGen and Unicredit.


Italgas has signed a 'Sustainability Linked' loan of 600 million euros with a maximum maturity of 5 years. (HANDLE)


Italgas has signed a 'Sustainability Linked' loan of 600 million euros with a maximum maturity of 5 years.

This can be read in a note which indicates that it is a 'Revolving Credit Facility' which will allow the group to have a new source of financing to "support future needs".


    The operation is linked to some sustainability objectives relating to the reduction of Scope 1 and 2 emissions and the presence of women in positions of responsibility, in line with the provisions of the 'Strategic Plan 2023-2029' and the 'Sustainable Value Creation Plan' .

The banks involved are Bnl, Bnp Paribas, Cdp, IntesaSanpaolo, Mediobanca, SocGen and Unicredit.


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