This new facility, with a 3-year term and an extension option for 2 additional years at the Company’s discretion, provides Amplifon with greater financial flexibility, further strengthening its solid liquidity position, diversifying the sources of funding and extending the average debt maturity.

In line with Amplifon’s sustainability strategy, the new revolving credit facility is linked to specific indicators of the Sustainability Plan, contributing to the achievement of certain Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda. The achievement of the targets linked to the ESG indicators will also activate a margin adjustment mechanism applied to the credit line.

Following the two ESG-linked credit facilities pursued by Amplifon in 2021, this new facility is another step forward in the journey towards a further integration of ESG objectives within Amplifon’s business and financial strategy, testifying to the Company’s ambition to create value to the benefit of all its stakeholders.  

The credit line has been granted by a pool of leading global financial institutions comprising BNP Paribas (Milan Branch), CaixaBank S.A. (Succursale Italiana), Crédit Agricole Corporate and Investment Bank (Milan Branch), and UniCredit S.p.A., acting as lead arrangers, as well as Banca Nazionale del Lavoro S.p.A., acting as agent.

In this transaction White & Case acted as legal advisor to Amplifon S.p.A, while Clifford Chance acted as legal advisor to the pool of banks.