DKSH Management Ltd.
/ Key word(s): Bond/Sustainability
Media release DKSH has converted its existing CHF 150 million revolving credit facility loan into a sustainability-linked revolving credit facility. This is the second sustainable finance instrument DKSH has entered into within this year, further strengthening its commitment to increase gender diversity in its senior leadership team positions, and become climate neutral (Scope 1+2) by 2030. Zurich, Switzerland, October 5, 2023 – DKSH, a leading Market Expansion Services provider and trusted partner for companies looking to grow in Asia and beyond, has converted an existing CHF 150 million revolving credit facility (RCF) into a sustainability-linked RCF. The conversion of this loan was signed by a syndicate of six banks, with the Australia and New Zealand Banking Group Limited (ANZ) acting as the Sustainability Coordinator. The sustainability-linked RCF includes an accordion feature which provides flexibility to increase the size of the RCF by up to CHF 150 million through existing lenders, or through the additional facility commitments by any existing lender, and/or the introduction of new lenders. Earlier in May this year, DKSH signed a sustainability-linked loan for CHF 315 million, linked to the same key performance indicators. Emily Tonkin, ANZ Head of Sustainable Finance, Europe, UK said: “We are pleased to have supported DKSH in converting their loan into a sustainability-linked facility, as part of their commitment to become climate neutral by 2030 and increasing gender diversity in its leadership.” About DKSH About ANZ For more information please contact: DKSH Holding Ltd.
End of Media Release |
Language: | English |
Company: | DKSH Management Ltd. |
Wiesenstrasse 8 | |
8008 Zurich | |
Switzerland | |
Phone: | 044 386 72 72 |
E-mail: | media@dksh.com |
Internet: | www.dksh.com |
ISIN: | CH0126673539 |
Valor: | 12667353 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1741749 |
End of News | EQS News Service |
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1741749 05.10.2023 CET/CEST
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