Italian coffee maker Lavazza has secured a €600 million loan agreement with a pool of banks linked to sustainability goals, the lenders said on Thursday 2 March.
Financing
The financing is made up of a term loan credit line and of a revolving credit line, both with a five-year maturity.
Arrangers And Coordinator
The Italian arm of France's BNP Paribas, Banco BPM, Intesa Sanpaolo, Mediobanca and Rabobank financed the deal, acting as lead arrangers, with Intesa also playing the role of agent and sustainability coordinator.
Read More: Lavazza Agrees To Buy France's MaxiCoffee
News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.
ADVERTISEMENT
