(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
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