Mowi inks €2.6bn sustainability-linked credit deal to refinance debt

Mowi ties €2.6bn credit line to sustainability performance targets

Mowi signs €2.6 billion sustainability-linked credit facility. Mowi has entered into a €2.6 billion five-year sustainability-linked multicurrency revolving credit facility agreement with a consortium of banks including DNB, Nordea, Rabobank, ABN AMRO, Danske Bank, SEB and Crédit Agricole. The new facility will be used to refinance existing bank debt and for general corporate purposes. It [...]

Mowi inks €2.6bn sustainability-linked credit deal to refinance debt

Interest on the loan is tied to Mowi’s performance against sustainability KPIs, and the move supports the company's ambition to ensure all financing is green or sustainability-linked