Amplifon: signed a sustainability-linked credit facility with Banco BPM for €100 million
Amplifon (EXM; Bloomberg/Reuters ticker: AMP:IM/AMPF.MI), global leader in hearing solutions and services, announces that it has signed a sustainability-linked credit facility for a total amount of 100 million euros with Banco BPM.
The facility, finalized at refinancing expiring lines, is composed of a revolving credit line of 50 million euros and a term loan of 50 million euros, both with 5-year term.
Also this transaction contributes to the ongoing journey towards a further integration of ESG factors into Amplifon's business and financial strategy. The achievement of specific indicators of the Company’s Sustainability Plan will activate a margin adjustment mechanism applied to the financing.
Thanks to this facility, characterized by particularly favorable conditions, Amplifon further strengthens its liquidity position and extends the average debt maturity.
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