EDF: credit facility indexed to ESG indicators
(CercleFinance.com) - EDF has signed a syndicated credit facility indexed to ESG (environment, social and governance) indicators, for an amount of six billion euros and a term of five years, renewable twice for one year.
Its cost will be indexed to three sustainable development performance indicators, namely direct greenhouse gas emissions, CO2 emissions avoided and women in management.
This credit facility is syndicated with 36 banking institutions. It replaces existing syndicated credit lines of four billion euros and 1.5 billion euros.
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