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SATO Corporation Has Signed A EUR 150 Million 12 Year Secured Sustainability Linked Term Loan Facility With Legal & General Investment Management S De
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SATO Corporation, Press release 22 December 2023 at 10:50 am SATO Corporation has signed in total EUR 175 million term loan facility agreements linked to its sustainability targets together with two relationship banks. The loans are secured and have maturities of three years with two one-year extension options. The loans will be used for the refinancing of the company’s existing indebtedness as well as for the group’s general financing needs. The margins of the credit facilities are linked to SA