0
General

Telefonica Deutschland signs 'Sustainability-Linked Loan'

Wednesday 18 December 2019 | 16:52 CET | News
Telefonica Deutschland said that it has signed a so-called "Sustainability-Linked Loan" in the amount of EUR 750 million through its subsidiary Telefonica Germany. The peculiarity of this type of loan is that its interest margin is linked to the respect of Environment, Social and Governance (ESG) criteria. This means that the company has to follow rules on environmental and climate protection, social commitment and corporate management. The loan will run until the end of 2026, including extension options. It replaces a facility of the same amount that would have expired in March 2023. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Telefonica Deutschland
Countries: Germany
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica covers Spain supervision centre with 600 solar panels

Published 22 Feb 2021 14:40 CET | Spain
Telefonica said it has taken a significant step toward its commitment to achieve zero net emissions in 2025 by turning the ...

Telefonica Germany reduces CO2 emissions in 2019

Published 18 May 2020 16:00 CET | Germany
Telefonica Germany said that it reduced the company's CO2 emissions by 28.5 percent in 2019 percent compared to 2015, thus ...

Telefonica Deutschland names new head of communication

Published 11 Mar 2020 15:01 CET | Germany
Telefonica Deutschland said that it has appointed Marc Langendorf its new head of communication, effective on 01 May. In the new ...

Deutsche Telekom plans to become climate neutral by 2050

Published 02 Mar 2020 10:33 CET | Germany
Deutsche Telekom said that it plans to reduce CO2 emission to zero and become climate neutral by 2050 at the latest. Telekom ...

Telefonica Deutschland names new supervisory board member

Published 18 Feb 2020 08:59 CET | Germany
Telefonica Deutschland said that it has named Peter Loscher as a new member of the supervisory board. He succeeds Laura Abasolo ...

Vodafone halves size of SIM card holders to cut plastic waste

Published 06 Dec 2019 09:12 CET | World
Vodafone said it intends to replace its standard credit card-sized SIM holder with a new half-sized format as part of a wider ...

Telefonica improves ranking in 'FTSE4Good' sustainability index

Published 02 Aug 2017 08:56 CET | World
Telefonica has announced that its sustainability performance has again been recognised by its inclusion in the FTSE4Good index. ...

TIM named in 'FTSE4Good' sustainability index

Published 01 Aug 2017 09:41 CET | Italy
Telecom Italia (TIM) announced that the company's sustainability performance has again been recognised by its inclusion in the ...

Telefonica joins RE100 renewable energy initiative

Published 02 Jun 2017 14:41 CET | World
Telefonica has announced that it's joining RE100, a global and collaborative initiative to substantially increase the demand for ...





Calendar   /   Industry Events

28 Sep MPLS+SDN+NFV World Congress
28 Sep IOT Things
28 Sep MWC Africa
29 Sep Vodafone digital services investors day
29 Sep Submarine Networks World 2021
29 Sep International Wireless Communications Expo
29 Sep Blockchain Expo North America 2021
30 Sep WANdisco H1 2021
30 Sep NTT IR Day
30 Sep Foxtel strategy day
05 Oct VMworld 2021
05 Oct Digital Refining & Petrochemicals Summit 2021
06 Oct Marvell Technology investors day
::: More Calendar Items