(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Technology
Tagged CECONOMY AG, CFO, corporate bond, Dr. Kai-Ulrich Deissner, ESG-linked, extension options, Financial Flexibility, financial policy, Greenhouse Gas Intensity, July 2024, liquidity reserve, long-term financing, MediaMarktSaturn, refurbished products, revolving credit facility, scope 3.11, sustainability, sustainable growth, syndicated loan, three-year term, women in management, €500 million, €900 million
(IN BRIEF) Shell Offshore Inc. and Shell Pipeline Company (SPLC) have entered into an agreement to increase their stake in the Ursa platform and its associated fields in the Gulf of America. This move will raise Shell’s working interest from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged ConocoPhillips, energy production, Greenhouse Gas Intensity, Gulf of America, oil and gas, partnership, Shell, Strategic Acquisition, sustainability, Upstream Investment, Ursa Platform, Working Interest
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