on JOST Werke SE (isin : DE000JST4000)
JOST Secures EUR 280 Million ESG-Linked Syndicated Loan
Neu-Isenburg, September 2, 2024 - JOST Werke SE has finalized a new syndicated loan amounting to EUR 280 million, replacing its previous loan.
The new funding, linked to ESG targets, consists of a EUR 140 million term loan and an equivalent revolving credit facility. This strategic move, overseen by key financial entities, underscores JOST's dedication to sustainability and future growth.
CEO Joachim Dürr highlighted investor confidence in JOST's long-term vision. CFO Oliver Gantzert emphasized that the loan reinforces the company's financial flexibility, enabling future investments and growth initiatives.
Hengeler Mueller, a leading law firm, facilitated the transaction. JOST expresses gratitude towards its financing partners for their continued support.
R. H.
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