voestalpine places its first sustainability loan
voestalpine has successfully placed its first syndicated sustainability loan (Environmental Social Governance, ESG) for EUR 1 billion with its 13 most important banking partners. This sustainability loan runs to 2024 and replaces the previous loan which was also syndicated, i.e. financed by a group of banks. This makes the technology group one of the first companies in the industry to issue such an ESG-linked syndicated loan, the interest rate for which will also be linked to the Group’s sustainability performance. The ESG rating is issued by Sustainalytics, the leading global ESG ratings agency which has been measuring corporate sustainability for over 25 years.