We advised Huhtamäki Oyj in relation to a EUR 125 million bilateral term loan facility agreement with a maturity of two years. The term loan will be used for refinancing and general corporate purposes of the Group. The facility has a one-year extension option at the discretion of the lender, and the interest margin is tied to three sustainability indicators:
- Absolute amount of scope 1 and 2 greenhouse gas emissions
- Share of non-hazardous waste recycled
- EcoVadis Rating
The lender of the facility is OP Corporate Bank plc.
