Nordex Group Secures EUR 2,475 Million ESG-Linked Financing Facility
The Nordex Group has secured an expanded EUR 2,475 million ESG-linked syndicated Multi-Currency Guarantee Facility. This new facility comes with a 5-year maturity and improved terms and conditions, including a material reduction in interest rates on a like-for-like basis.
The Nordex Group's Chief Financial Officer, Dr. Ilya Hartmann, said that the refinancing marks the completion of the turnaround of the company on a holistic level. The successful refinancing has secured a strong and reliable framework for the coming years, enhancing the company's financial flexibility.
The facility was arranged with the support of three leading international banks: Commerzbank Aktiengesellschaft, Intesa Sanpaolo, IMI CIB Division, and UniCredit Bank GmbH. The overall facility is based on commitments from a total of 15 financial institutions.