PARIS, May 25, 2022--(BUSINESS WIRE)--Regulatory News:
Orano has refinanced in advance its Revolving Credit Facility (RCF) for a total amount of €880 million, including a margin indexed to environmental and governance criteria.
This new confirmed syndicated line of credit signed with a pool of 10 banks has a maturity of five years and carries two one-year extension options exercisable in 2023 and 2024. It replaces the undrawn credit facility signed in July 2018.
This financing transaction once again illustrates the confidence shown by international financial institutions in the Orano group’s credit profile and commitment to sustainable finance together with environmental, social and governance (ESG) issues in keeping with its purpose.
As a recognized international operator in the field of nuclear materials, Orano delivers solutions to address present and future global energy and health challenges.
Orano’s expertise and mastery of cutting-edge technologies enable it to offer customers high value-added products and services spanning the entire fuel cycle.
Drawing on their skills, unwavering dedication to safety and constant quest for innovation, all of the group’s 17,000 employees are committed to developing expertise in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, both today and tomorrow.
Orano, giving nuclear energy its full value.
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