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Ericsson inks new sustainability-linked revolving credit facility worth USD 2 billion

Thursday 30 September 2021 | 08:53 CET | News
Ericsson has signed a sustainability-linked revolving credit facility worth USD 2 billion, renewing an undrawn USD 2 billion credit facility signed in 2013. The facility, backed by 18 global and regional banks, will have its interest margin linked to two of Ericsson's key performance indicators. The first is tied to carbon neutrality in Ericsson's own operations by 2030 and the second connects with suppliers setting 1.5 degree Centigrade aligned climate targets.

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Categories: General
Companies: Ericsson
Countries: World
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