Coffee Maker Lavazza Secures €600m Sustainability Loan

By Dave Simpson
Coffee Maker Lavazza Secures €600m Sustainability Loan

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.


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.