Metsä Board has signed a bank financing facility with sustainability targets
Metsä Board Corporation Investor news 1 October 2019Metsä Board Corporation, part of Metsä Group, has signed a bank financing facility consisting of a EUR 150 million, five-year term loan and a EUR 200 million, five-year multicurrency revolving credit facility (“RCF”) with two one-year extension options and a EUR 50 million accordion option. The margin of the RCF is linked to sustainability criteria that are based on selected Metsä Board’s 2030 sustainability targets: 1. Reduction in specific water consumption 2. Reduction in specific energy consumption The new facility will be