Deutsche Boerse Receives EUR750 Million Sustainability-Linked Credit
26 Marzo 2019 - 6:37AM
Noticias Dow Jones
By Dieter Holger
Deutsche Boerse AG (DB1.XE) has received a 750 million euro
($847.3 million) line of credit linked to its sustainability
performance, jointly financed by BNP Paribas SA (BNP.FR) and
Commerzbank AG (CBK.XE), the company said Tuesday.
The conditions and financing costs of the credit line will be
reaffirmed depending on the environmental, social and governance
rating that Deutsche Boerse receives from Sustainalytics, an ESG
rating agency that verifies Deutsche Boerse's metrics yearly.
The credit line was granted to Deutsche Boerse, which operates
Frankfurt's stock exchange, and its Clearstream Banking SA
subsidiary.
Loans that use sustainability metrics are growing more popular
among European banks. Last week, Banco Bilbao Vizcaya Argentaria SA
(BBVA.MC) issued its first sustainability-linked loan to a French
company.
Write to Dieter Holger at dieter.holger@dowjones.com;
@dieterholger
(END) Dow Jones Newswires
March 26, 2019 08:22 ET (12:22 GMT)
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