Share Name Share Symbol Market Type
Deutsche Boerse (PC) USOTC:DBOEF Other OTC Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 +0.00% $133.21 $131.50 $133.40 - - - 0 21:59:57

Deutsche Boerse Receives EUR750 Million Sustainability-Linked Credit

26/03/2019 12:37pm

Dow Jones News

Deutsche Boerse (PC) (USOTC:DBOEF)
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   By Dieter Holger 

Deutsche Boerse AG (DB1.XE) has received a 750 million euro ($847.3 million) line of credit linked to its sustainability performance, jointly financed by BNP Paribas SA (BNP.FR) and Commerzbank AG (CBK.XE), the company said Tuesday.

The conditions and financing costs of the credit line will be reaffirmed depending on the environmental, social and governance rating that Deutsche Boerse receives from Sustainalytics, an ESG rating agency that verifies Deutsche Boerse's metrics yearly.

The credit line was granted to Deutsche Boerse, which operates Frankfurt's stock exchange, and its Clearstream Banking SA subsidiary.

Loans that use sustainability metrics are growing more popular among European banks. Last week, Banco Bilbao Vizcaya Argentaria SA (BBVA.MC) issued its first sustainability-linked loan to a French company.


Write to Dieter Holger at; @dieterholger


(END) Dow Jones Newswires

March 26, 2019 08:22 ET (12:22 GMT)

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