Jost Werke Places EUR 130 Mln ESG-Linked Promissory Note Loan
Jost Werke AG (JSTG.DE):
PLACES EUR 130 MILLION ESG-LINKED PROMISSORY NOTE LOAN
GIVEN HIGH OVERSUBSCRIPTION OF ORDER BOOK, PLACEMENT VOLUME WAS INCREASED FROM ORIGINALLY PLANNED EUR 100 MILLION TO EUR 130 MILLION
NO FINANCIAL COVENANTS
PROCEEDS OF ISSUE WILL BE USED TO REFINANCE EXISTING LOANS MATURING IN 2023 AND TO REPAY DRAWN DOWN CREDIT LINES