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Borregaard ASA: Long-term sustainability linked credit facility extended
15 Nov 2024 15:18 CET
Issuer
Borregaard ASA
Borregaard has today extended the bilateral multicurrency revolving credit
facility agreement with DNB Bank ASA. The facility is for general corporate
purposes and amounts to NOK 500 million with a tenor of three years.
The margin under the facility is linked to Borregaard's sustainability targets
and can be adjusted based on Borregaard's progress on three parameters: (i) the
Group's 2030 target of reducing greenhouse gas emissions (ii) reduction of the
Group's total recordable injuries and (iii) keeping emissions of organic
compounds to the Glomma river below certain levels.
Sarpsborg, 15 November 2024
Contact:
Director Investor Relations, Knut-Harald Bakke, +47 905 79?164
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Borregaard ASA
Provider
Oslo Børs Newspoint
Company Name
BORREGAARD, Borregaard ASA 23/28 FRN FLOOR
ISIN
NO0010657505, NO0012943838
Symbol
BRG
Market
Euronext Oslo Børs