Essity signs EUR 300m loan agreement with the European Investment Bank
Hygiene and health company Essity has secured a EUR 300m loan at favorable terms with the European Investment Bank (EIB) as part of financing Essity’s research, development, and innovation process.The EUR 300m will support Essity’s product innovation and sustainability investments across all business areas and product segments until 2024. The loan has a tenor of 7 years.
“We are pleased with the support from EIB for our comprehensive innovation process. Essity’s focus is to increase wellbeing for people everywhere as we continue our journey to reach net-zero greenhouse gas emissions by