Brief: Exel Industries Seals First CSR-Linked Financing Package

Exel Industries SA

13/12/2021 15:09

Dec 13 (Reuters) - EXEL INDUSTRIES SA  EXEP.PA :
    * EXEL INDUSTRIES SEALS FIRST CSR-LINKED FINANCING PACKAGE,
A EUR
35 MILLION EURO PP AND EUR 30 MILLION MEDIUM-TERM BANK LOAN
    * A 6-7 YEAR EUR 35 MILLION EURO PRIVATE PLACEMENT (EURO
PP),
ARRANGED BY LCL AND UNDERWRITTEN BY BANQUE INTERNATIONALE À
LUXEMBOURG, SCHELCHER PRINCE GESTION AND LCL
    * A EUR 30 MILLION 5-YEAR BANK LOAN ARRANGED BY LCL AND
CAISSES
RÉGIONALES DU CRÉDIT AGRICOLE CENTRE EST AND NORD EST
    * GROUP IS ALSO ACTIVELY CONSIDERING HOW TO INCLUDE ITS
OTHER
ACTIVITIES - GARDENING, INDUSTRY AND RECENTLY ADDED NAUTICAL
BUSINESS - IN ITS ENVIRONMENTAL STRATEGY
    * PACKAGE WAS OPPORTUNITY TO APPLY SOME OF EXEL INDUSTRIES'
CSR
COMMITMENTS AND CONTRIBUTE TO ITS BOLD "GREEN DEAL" TARGETS,
INCLUDING HALVING VOLUME OF PLANT PROTECTION PRODUCTS SPRAYED BY
2030

Source text for Eikon:  ID:nGNE3npt83 
Further company coverage:  EXEP.PA 

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