Eltel AB establishes Sustainability-Linked Finance Framework and contemplates issuance of hybrid capital securities
Eltel AB (publ) (“Eltel”) has established a Sustainability-Linked Finance Framework (the “Eltel SLF Framework”) designed to support the future issuance of sustainability-linked securities by Eltel. For the securities issued under the Eltel SLF Framework, a premium will be payable or the interest rate will change if Eltel fails to meet the predefined sustainability performance targets at an agreed testing date for a designated sustainability performance indicator. By setting up the Eltel SLF Framework, Eltel strives to contribute to solving the major issues related to climate change and to