Fazer Group signs an EUR 200 million revolving credit facility linked to sustainability targets
Fazer has signed a new EUR 200 million revolving credit facility (RCF) agreement linked to sustainability targets to be used for general corporate purposes. Under the RCF, Fazer is committed to meeting the following two sustainability targets: the reduction of Greenhouse Gas emissions (CO\2\e) and avoidable production food loss.
The margin payable will increase or decrease depending on Fazer’s performance and achievement of these sustainability KPIs. “This RCF is a milestone in the integration of our financial and sustainability targets as it reinforces the interlinkage between our