Telefonica Deutschland Holding AG

Capital/Financing Update • Dec 18, 2019

News Details

Corporate | 18 December 2019 08:21

Telefónica Deutschland Holding AG: Telefónica Deutschland signs Sustainability-Linked Loan

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Financing

18.12.2019 / 08:21

The issuer is solely responsible for the content of this announcement.

Munich, 18 December 2019

Telefónica Deutschland signs Sustainability-Linked Loan

– First German telecommunications company with “sustainable” syndicated loan

– Margin linked to ESG rating

Telefónica Deutschland concluded a so-called “Sustainability-Linked Loan” in the amount of EUR 750 million via its subsidiary Telefónica Germany GmbH & Co. oHG. The interest margin is linked, among other things, to the fulfillment of ESG criteria (ESG = Environment, Social and Governance) in the areas of environmental and climate protection, social commitment and corporate management. This is based on an independent annual sustainability rating prepared by Sustainalytics, a leading provider of sustainability ratings. The Loan, which runs until the end of 2026, including extension options, prematurely replaces a facility of the same amount which runs until March 2023.

Telefónica Deutschland with its core brand O 2 is involved in ESG’s key areas: “Responsible management”, “Strengthening life in the digital world” and “Protecting the environment and climate”. The central steering tool is the Responsible Business Plan 2020, which was launched in 2016. Next year, the plan will be continued with ambitious targets up to 2025. The company publishes further information on the status of target achievement in the 2018 CR Report

https://www.telefonica.de/investor-relations-en/publications/financial-publications.html

Like the previous loan, the transaction was issued by BNP Paribas, Commerzbank and UniCredit as Bookrunner and Mandated Lead Arranger. UniCredit also acted as Sustainability Structuring Agent and Coordinator.

More information:

Telefónica Deutschland

Investor Relations

Georg-Brauchle-Ring 50

D-80992 München

t +49 (0)89 2442-1010

f +49 (0)89 2442-2000

e ir-deutschland@telefonica.com

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18.12.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	Telefónica Deutschland Holding AG
	Georg-Brauchle-Ring 50
	80992 München
	Germany
Phone:	+49 (0)89 24 42 0
Internet:	www.telefonica.de
ISIN:	DE000A1J5RX9
WKN:	A1J5RX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	938755

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