Hugo Boss Secures €600 Million Sustainability-Linked Syndicated Loan
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Hugo Boss AG has secured a €600 million sustainability-linked revolving credit facility, replacing its existing loan. The agreement involves a syndicate of eleven international banks and is linked to ESG targets, such as reducing greenhouse gas emissions by 2030. The loan, coordinated by Commerzbank, BNP Paribas, and LBBW, offers a five-year term with options for extensions and an increase of up to €300 million, enhancing Hugo Boss's financial flexibility for strategic growth and sustainability goals.
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