Covestro: New EUR 2.5 billion syndicated revolving credit facility with ESG element

Covestro announced that is has signed a contract with its 16 core banks for a new syndicated revolving credit facility for EUR 2.5 billion with a term of five years plus two one-year extension options, effective as of 17 March 2020. The facility can be drawn in different currencies and will be used as a standby backup liquidity reserve, […]