Ahold Delhaize Gets EUR1 Billion Sustainability Revolving Credit Line
December 11 2020 - 2:46AM
Dow Jones News
By Sabela Ojea
Koninklijke Ahold Delhaize NV said Friday that it has secured a
1 billion-euro ($1.21 billion)sustainability revolving credit
facility, which will refinance its existing 2015-dated EUR1 billion
facility.
The Amsterdam-listed food retailer said the facility it will
help it reduce food wastage as well as carbon emissions, and ensure
it maintains its financial flexibility.
"The new facility has a maturity of three years with two
one-year extension options," Chief Financial Officer Natalie Knight
said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
December 11, 2020 02:31 ET (07:31 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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