Green Schuldschein Loan Placed

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Schuldschein totaling approximately 350 million euros makes its debut in difficult market environment / Schuldschein includes green tranches designated for a portfolio of sustainable projects

Global automotive and industrial supplier Schaeffler has placed its first Schuldschein loan, raising a total of approximately 350 million euros in the current difficult market environment. 300 million euros of the proceeds of the Schuldschein loan will be used exclusively to refinance a portfolio of sustainable projects in accordance with the Schaeffler Group's “Green Finance Framework”. “This successful debut on the Schuldschein market in the current very difficult environment is a key building block of our financing strategy. The Schuldschein helps... ... More: Official Press Release Schaeffler

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Schaeffler, Schuldschein, loan, placed, market, supplier, automotive, investments, sustainability, green