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Amplifon Capital/Financing Update 2023
4030_rns_2023-06-01_bcae7ca2-e40a-4255-bd50-919e1035dfd7.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0525-48-2023 |
Data/Ora Ricezione 01 Giugno 2023 10:30:55 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | AMPLIFON | |
| Identificativo Informazione Regolamentata |
: | 177756 | |
| Nome utilizzatore | : | AMPLIFONN01 - Galli | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 01 Giugno 2023 10:30:55 | |
| Data/Ora Inizio Diffusione presunta |
: | 01 Giugno 2023 10:31:01 | |
| Oggetto | : | New € 300 sustainability-linked revolving credit facility signed |
|
| Testo del comunicato |
Vedi allegato.
AMPLIFON: NEW €300 SUSTAINABILITY-LINKED REVOLVING CREDIT FACILITY SIGNED
Milan, June 1 st, 203 – Amplifon (EXM; Bloomberg ticker: AMP:IM), global leader in hearing solutions and services, announces the signing of a new sustainability-linked revolving credit facility with a pool of banks for a total amount of 300 million euros.
This new facility, with a 3-year term and an extension option for 2 additional years at the Company's discretion, provides Amplifon with greater financial flexibility, further strengthening its solid liquidity position, diversifying the sources of funding and extending the average debt maturity.
In line with Amplifon's sustainability strategy, the new revolving credit facility is linked to specific indicators of the Sustainability Plan, contributing to the achievement of certain Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda. The achievement of the targets linked to the ESG indicators will also activate a margin adjustment mechanism applied to the credit line.
Following the two ESG-linked credit facilities pursued by Amplifon in 2021, this new facility is another step forward in the journey towards a further integration of ESG objectives within Amplifon's business and financial strategy, testifying to the Company's ambition to create value to the benefit of all its stakeholders.
The credit line has been granted by a pool of leading global financial institutions comprising BNP Paribas (Milan Branch), CaixaBank S.A. (Succursale Italiana), Crédit Agricole Corporate and Investment Bank (Milan Branch), and UniCredit S.p.A., acting as lead arrangers, as well as Banca Nazionale del Lavoro S.p.A., acting as agent.
In this transaction White & Case acted as legal advisor to Amplifon S.p.A, while Clifford Chance acted as legal advisor to the pool of banks.
About Amplifon
Amplifon, global leader in the hearing care retail market, empowers people to rediscover all the emotions of sound. Amplifon's around 19,400 people worldwide strive every day to understand the unique needs of every customer, delivering exclusive, innovative and highly personalized products and services, to ensure everyone the very best solution and an outstanding experience. The Group, with annual revenues of over 2 billion euros, operates through a network of over 9,300 points of sale in 25 Countries and 5 continents. More information about the Group is available at: https://corporate.amplifon.com.
Investor Relations Amplifon S.p.A. Francesca Rambaudi Tel +39 02 5747 2261 [email protected]
Amanda Hart Giraldi Tel +39 347 816 2888 [email protected] Corporate Communication Amplifon S.p.A. Salvatore Ricco Tel +39 335 770 9861 [email protected]
Dania Copertino Tel +39 348 298 6209 [email protected]