New credit score line for 3.5 billion to Ferrovie – Italy-World

by times news cr

2024-06-20 06:46:20

(ANSA) – ROME, JUNE 20 – “Ferrovie dello Stato Italiane (FS group) has stipulated a brand new dedicated and revolving credit score line, for a complete of three.5 billion and with a three-year length, with a syndicate of 9 banks and monetary establishments. So far, this facility settlement represents Ferrovie dello Stato Italiane’s largest monetary operation ever.” We be taught this from a be aware. “The credit score line, subscribed with FS by Banca Popolare di Sondrio, BNL-BNP Paribas, BPER, CaixaBank, Cassa Depositi e Prestiti, Crédit Agricole CIB, ING, Intesa Sanpaolo – IMI/CIB Division and UniCredit, is a Sustainability Linked product “. Ferrovie due to this fact underlines “the contractual provision of mechanisms for reviewing the margin and the dedication price upon reaching targets relating to 3 Key Efficiency Indicators (KPIs), demonstrating the sturdy dedication of the FS group on ESG points”. The symptoms particularly concern: “the proportion of capex aligned with the EU taxonomy; the vitality depth understood because the ratio between vitality consumption in comparison with the group’s working revenues and the rise within the share of feminine staff in comparison with the overall variety of staff”. (HANDLE).


2024-06-20 06:46:20

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