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Kesko finances growth with a €300 million loan in which the interest is linked to sustainability targets

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Kesko has made a financing agreement of €300 million, in which the interest margin will increase or decrease depending on Kesko’s ability to meet the sustainability targets set for its carbon footprint, food waste, and audits conducted in high-risk countries. Kesko will draw down €300 million now, and has the possibility to draw down more later on.
“Sustainability-linked financing has started to grow significantly in Europe this year, and this loan will spur K Group’s sustainability efforts. Mitigating climate change is very important to us, and we have been implementing related actions for

Source: Kesko finances growth with a €300 million loan in which the interest is linked to sustainability targets

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