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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shell Plc | LSE:RDSA | London | Ordinary Share | GB00B03MLX29 | 'A' ORD EUR0.07 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,895.20 | 1,900.20 | 1,900.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Adriano Marchese
Royal Dutch Shell PLC (RDSA.LN) said Friday that it has signed a $10 billion line of credit which will be linked to the new secured overnight financing rate.
The Anglo-Dutch oil company said that the new line of credit will replace its current $8.84 billion revolving credit facility, and is signed in anticipation of the cessation of the London interbank offered rate.
The company also said that the interest and fees paid on the facility will be linked to the company's progress towards reaching its short-term net carbon footprint intensity target.
Shell has begun an initiative to reduce net carbon footprint of the energy product it sells which it says is in step with society as it moves toward meeting the aims of the Paris Agreement.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
December 13, 2019 06:32 ET (11:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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