Amplifon, Financing Sustainability-Linked from understanding for 175 million euros

Amplifon Financing Sustainability Linked from understanding for 175 million euros

(Finance) – Amplifona leading company in the auditory solutions that is part of the FTSE MIB, has signed with Intesa Sanpaolo a Sustainability-Linked financing at 5 years for a total of 175 million euros. The loan is made up of a 100 million euro rotary credit line (revolving) and a long -term line (Term Loan) of 75 million euros.

With these two credit lines, the value of sustainable funding obtained by amplifon, including revolving ones, reaches 1 billion euros. The financing, structured as a Sustainability-Linked Loan, provides for a margin adjustment mechanism linked to the achievement of specific indicators included in the company’s sustainability plan.

Through this operation, Amplifon further strengthens its liquidity position, diversifies the sources of financing and extends the average deadline debt.

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