PPC announced the contract for the issuance of a new joint bond loan, up to € 300 million in the form of revolving credit, without collateral, with Initial Bondholders, Coordinators and Co-Organizers the National Bank of Greece and Piraeus Bank and the National Bank of Greece of the Bondholders and Power of Attorney.
The loan was signed on December 15, 2021 and will be used for general business purposes and will have a duration of 3 years, which can be extended by an additional 2 years.
This issue includes, inter alia, a 40% reduction clause of C02 emissions by December 2022 with a base year of 2019, in the context of aligning PPC’s fiscal policy with its overall strategy for the environment and mitigating the effects of climate change. change.
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Source From: Capital
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