(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) In 2024, the European Investment Bank (EIB) approved over PLN 1 billion (around €274 million) to support sustainable urban development in Polish cities, including Kielce, Radom, Rybnik, and Chorzów. This financing aims to improve urban infrastructure, transport systems, … Read the full press release
Posted in Banks, European Union, Financial, Investment, Poland
Tagged Chorzów, Climate Policies, Cohesion Regions, economic benefits, EIB, EIB financing agreements, energy efficiency, environmental projects, EU grants, European Investment Bank, green spaces, Kielce, long-term financing, medium-sized cities, Poland, Public Buildings, public investment, public transportation, quality of life, Radom, Rybnik, social housing, sustainable development, Teresa Czerwińska, TRANSPORT, urban infrastructure, urban mobility
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