(Tiper Stock Exchange) – Mundys (formerly Atlantia) has converted into Sustainability-Linked Loans the current loan agreement of 1,500 million euro signed on 5 October 2022 and the revolving line of 1,500 million euro signed on 1 July 2022.
The interest rate on loans will be increased or decreased according to the progress that the Group will make on environmental and social objectivesmeasured from three performance indicators defined in the Framework, relating to the decarbonisation of its energy sources, the speed of transition towards green electricity from renewable sources and progress in gender equality in managerial roles.
After the conversion, Mundys’ entire bank debt is now linked to sustainability goalsbringing the total number of green and sustainable bonds and credit lines across the Group to over 4.8 billion euros.
BPM desk, BNP Paribas, Intesa Sanpaolo-IMI CIB Division e Mediobanca they played the role of Sustainability Coordinators in this operation.