FinanceDublin.com - <b>Deals of the Year 2024: </b>Greencore refinancing affords significant new financial flexibility

The incorporation of performance targets aligning with Greencore’s sustainability strategy, together with the financial flexibility allowing the group to deliver on its growth objectives, was a significant development in the sustainability linked loan market in the last year.

Established in 1991, Greencore is today a leading manufacturer of convenience foods in the UK. It employs in excess of 14,000 people across 23 manufacturing sites and 18 distribution sites in the UK and Ireland.

In August 2023 the company started a process of engaging with its lender banks to refinance an existing Sterling GBP340 million revolving credit facility and a Sterling GBP45 million term loan. Following that process, Greencore launched the refinance on the....

To continue, please log in

The Latest Issue

Order a subscription to Finance Dublin

Take out a subscription - I would like to take out a subscription, enabling me to gain immediate access to the site and this month's edition. For details on pricing options and subscription benefits please click here.

Without your explicit permission FinanceDublin.com will never share any of your information (including your e-mail address). Your information is collected in accordance with our Privacy Policy.

If you have any questions, please contact us.