Wendel integrates ESG targets into its syndicated credit

Published : 30.04.2021

On March 31, 2021, Wendel announced that it had integrated ESG targets into the financial terms of its undrawn €750 million syndicated credit facility maturing in October 2024.

Measurable aspects of the non-financial performance of Wendel and the portfolio companies it controls will henceforth be taken into account in the calculation of the financing cost of this syndicated credit. T

hey will be aligned with certain quantitative ESG targets the Group set for itself in its 2023 ESG roadmap.