2020-06-07
http://w3.windfair.net/wind-energy/news/34212-schaeffler-schuldschein-loan-placed-market-supplier-automotive-investments-sustainability-green

Green Schuldschein Loan Placed

Image: SchaefflerImage: Schaeffler
Automotive and industrial supplier Schaeffler has placed its first Schuldschein loan, raising a total of approximately 350 million euros in the current difficult market environment.

Official Press Release Schaeffler:

Schaeffler places 350 million euro green Schuldschein loan

Wind Industry Profile of
Schaeffler places 350 million euro green Schuldschein loan

Schuldschein totaling approximately 350 million euros makes its debut in difficult market environment / Schuldschein includes green tranches designated for a portfolio of sustainable projects

Global automotive and industrial supplier Schaeffler has placed its first Schuldschein loan, raising a total of approximately 350 million euros in the current difficult market environment. 300 million euros of the proceeds of the Schuldschein loan will be used exclusively to refinance a portfolio of sustainable projects in accordance with the Schaeffler Group's “Green Finance Framework”. “This successful debut on the Schuldschein market in the current very difficult environment is a key building block of our financing strategy. The Schuldschein helps... ... More: Official Press Release Schaeffler

Keywords:
Schaeffler, Schuldschein, loan, placed, market, supplier, automotive, investments, sustainability, green







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