Huhtamäki Oyj has signed a Euro 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 scope 1 and 2 greenhouse gas emissions amount.
- Share of non-hazardous waste recycled.
- Ecovadis rating.
The lender of the facility is OP Corporate Bank Plc.
Huhtamaki is a leading global provider of sustainable packaging solutions.
