Huhtamaki – EUR 125 million sustainability-linked term loan facility

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We advised Huhtamäki Oyj in relation to a EUR 125 million bilateral term loan facility agreement with a maturity of two years. The term loan will be used for refinancing and general corporate purposes of the Group. The facility has a one-year extension option at the discretion of the lender, and the interest margin is tied to three sustainability indicators:

  1. Absolute amount of scope 1 and 2 greenhouse gas emissions
  2. Share of non-hazardous waste recycled
  3. EcoVadis Rating

The lender of the facility is OP Corporate Bank plc.