Wednesday, September 18, 2024
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Sonae: Signs two sustainable loans with CaixaBank totalling €100 million

  • Sonae a multinational company managing a diversified portfolio of businesses in retail, financial services, technology
  • CaixaBank became the first Spanish bank to issue a social bond in 2019 in support of the United Nations SDGs
  • Sonae signed two sustainable financing agreements with CaixaBank amounting to €100 million
  • Aim of promoting sustainability to generate a positive impact on the planet and society
  • In these operations, the funding’s margin linked to the company’s results in terms of sustainability and governance
  • Sonae issued in Portugal via BPI a sustainable bond for €50 million linked to promoting gender equality in managerial positions

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