Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Ahold Delhaize announces closing of upsized €1.5 billion Sustainability-Linked Revolving Credit Facility

Zaandam, the Netherlands, December 12, 2022 – Today, Ahold Delhaize announces the closing of its €1.5 billion Sustainability-linked Revolving Credit Facility (the ‘Facility’). 

The new Facility increases the total revolving commitments from €1.0 billion to €1.5 billion, reduces Ahold Delhaize’s borrowing costs, and extends the maturity date to December 2027, which may be further extended pursuant to two twelve-month extension options. 

The Facility links the cost of borrowing to Ahold Delhaize’s annual performance on sustainability KPIs that are aligned with its “Grounded in Goodness” strategy, that focuses on healthier people and a healthier planet. Specifically, the Facility includes three sustainability KPIs to reduce Ahold Delhaize’s carbon emissions within its own operations (scope 1 and 2), reduce food waste and help customers make healthier choices. The Facility also includes the opportunity to add scope 3 carbon emissions reduction performance targets by 2025. Ahold Delhaize will report progress on its performance targets in its annual reports. 

ABN AMRO Bank N.V. and Société Générale acted as Coordinators and Sustainability Coordinators on the Facility. 

- Ends - 

Cautionary notice 

This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as may, further, subject to, will or other similar words or expressions are typically used to identify forward-looking statements.  

Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the “Company, or “Ahold Delhaize”) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to the risk factors set forth in the Company’s public filings and other disclosures. Forward-looking statements reflect the current views of the Company’s management and assumptions based on information currently available to the Company’s management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law. 

For more information 

  • Press office: +31 88 6595134 / media.relations@aholddelhaize.com 
  • Investor relations: +31 88 659 5213 / investor.relations@aholddelhaize.com 
  • Social media: Instagram: @Ahold-Delhaize | LinkedIn: @Ahold-Delhaize | Twitter: @AholdDelhaize  

About Ahold Delhaize 

Ahold Delhaize is one of the world’s largest food retail groups and a leader in both supermarkets and e-commerce. Its family of great local brands serves 55 million customers each week, both in stores and online, in the United States, Europe, and Indonesia. Together, these brands employ more than 413,000 associates in 7,452 grocery and specialty stores and include the top online retailer in the Benelux and the leading online grocers in the Benelux and the United States. Ahold Delhaize brands are at the forefront of sustainable retailing, sourcing responsibly, supporting local communities and helping customers make healthier choices. The company’s focus on four growth drivers – drive omnichannel growth, elevate healthy and sustainable, cultivate best talent and strengthen operational excellence – is helping to fulfil its purpose, achieve its vision and prepare its brands and businesses for tomorrow. Headquartered in Zaandam, the Netherlands, Ahold Delhaize is listed on the Euronext Amsterdam and Brussels stock exchanges (ticker: AD) and its American Depositary Receipts are traded on the over-the-counter market in the U.S. and quoted on the OTCQX International marketplace (ticker: ADRNY). For more information, please visit:www.aholddelhaize.com.  


 


Primary Logo

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.