Brief: Jost Werke Places EUR 130 Mln ESG-Linked Promissory Note Loan

Jost Werke SE

05/12/2022 09:11

Dec 5 (Reuters) - Jost Werke AG  JSTG.DE :
    * PLACES EUR 130 MILLION ESG-LINKED PROMISSORY NOTE LOAN
    * GIVEN HIGH OVERSUBSCRIPTION OF ORDER BOOK, PLACEMENT
VOLUME WAS
INCREASED FROM ORIGINALLY PLANNED EUR 100 MILLION TO EUR 130
MILLION
    * NO FINANCIAL COVENANTS
    * PROCEEDS OF ISSUE WILL BE USED TO REFINANCE EXISTING LOANS
MATURING IN 2023 AND TO REPAY DRAWN DOWN CREDIT LINES

Source text for Eikon:  ID:nEQ6Tstqsa 
Further company coverage:  JSTG.DE 
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