Categories
Climate Change Environment Global Warming. Renewable Energy. Sustainability

Ahold Delhaize announces closing of upsized €1.5 billion Sustainability-Linked Revolving Credit Facility

Zaandam, the Netherlands, December 12, 2022 – Today, Ahold Delhaize announces the closing of its €1.5 billion Sustainability-linked Revolving Credit Facility (the ‘Facility’). The new Facility increases the total revolving commitments from €1.0 billion to €1.5 billion, reduces Ahold Delhaize’s borrowing costs, and extends the maturity date to December 2027, which may be further extended pursuant to two twelve-month extension options. The Facility links the cost of borrowing to Ahold Delhaize’s a