Brief: CTT Contracts 35 Mln Euros In Bank Financing Indexed To Sustainability Goals
08/03/2023 06:21
March 8 (Reuters) - CTT CTT.LS :
* SAID ON TUESDAY IT HAD CONTRACTED 35 MILLION EUROS IN BANK
FINANCING IN FORM OF COMMERCIAL PAPER, INDEXED TO SUSTAINABILITY
GOALS, MATURING IN 2026
* FINANCING CONTRACTED WITH NOVO BANCO AND BANCO BILBAO
VIZCAYA
ARGENTARIA BBVA.MC - PORTUGUESE BRANCH
* THESE BANK LOANS ARE SET WITHIN CTT'S SUSTAINABILITY
RELATED
FINANCING REFERENCE FRAMEWORK
* REFERRED FINANCING LINES ARE INDEXED TO GOAL OF REDUCING
CARBON
EMISSIONS OF CTT'S ACTIVITY (SCOPES 1, 2 AND 3 EMISSIONS) BY AT
LEAST 30% BY 2025 IN RELATION TO 2013
* THIS COMMITMENT IS IN LINE WITH LONGER-TERM GOALS OF
REDUCING
CARBON EMISSIONS FROM CTT'S ACTIVITY FOR 2025-2030
* WITH THESE OPERATIONS, CTT CONSOLIDATES LINK BETWEEN ITS
FINANCING COST AND ITS PERFORMANCE IN TERMS OF SUSTAINABILITY
Source text: https://bit.ly/3kQwb8L
Further company coverage: CTT.LS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))