Royal Vopak successfully renewed a EUR 1 billion sustainability-linked revolving credit facility
30 Juin 2022 - 8:00AM
Royal Vopak successfully renewed a EUR 1 billion
sustainability-linked revolving credit facility
Royal Vopak successfully renewed a EUR 1 billion
sustainability-linked revolving credit facilitythe
Netherlands, June 30th, 2022
Today Vopak successfully renewed its EUR 1 billion senior
unsecured revolving credit facility (RCF) with a syndicate of 12
international relationship banks.This new facility replaces the
current RCF of EUR 1 billion, which has been in place since June
2016.The new RCF is linked to our performance on three key topics
from Vopak’s sustainability roadmap: our safety performance, gender
diversity in senior management and the reduction of our greenhouse
gas emissions. The new RCF has an initial maturity of five years
with two one year extension options.The new syndicate of banks
consists of: ABN AMRO Bank, BBVA, BNP Paribas, CIBC, Citibank, DBS
Bank, DNB, ICBC, ING, JP Morgan, Rabobank and SMBC Bank. ABN AMRO
and ING acted as coordinating bookrunners and sustainability
coordinators on the transaction. Michiel Gilsing, Member of
the Executive Board and CFO of Royal Vopak: "We are very happy with
this new revolving credit facility. All banks that were invited
committed themselves to the facility. This reflects the strong
trust and long-term relationship Vopak has with its core banks and
confirms Vopak’s ongoing access to relevant capital markets. The
incorporation of sustainability KPIs underlines our mutual
commitment towards a more sustainable world. This new revolving
credit facility continues to provide the funding flexibility
necessary to execute Vopak's business ambitions to grow in our base
in industrial and gas terminals and accelerate towards new energies
and sustainable feedstocks."
Profile Vopak
Royal Vopak is the world’s leading independent tank storage
company. We store vital products with care. Products for everyday
life. The energy that allows people to cook, heat or cool their
homes and for transportation. The chemicals that enable companies
to manufacture millions of useful products. The edible oils to
prepare food. We take pride in improving access to cleaner energy
and feedstocks for a growing world population, ensuring safe, clean
and efficient storage and handling of bulk liquid products and
gases at strategic locations around the world. We are excited to
help shape a sustainable future by developing infrastructure
solutions for new vital products, focusing on zero- and low-carbon
hydrogen, ammonia, CO2, long duration energy storage and
sustainable feedstocks. We have a track record of over 400 years in
navigating change and are continuously investing in innovation. On
sustainability, we are ambitious and performance driven, with a
balanced roadmap that reflects key topics that matter most to our
stakeholders and where we can have a positive impact for people,
planet and profit and the United Nations Sustainable Development
Goals.Vopak is listed on the Euronext Amsterdam and is
headquartered in Rotterdam, the Netherlands. For more information,
please visit www.vopak.comFor more information
Vopak - Press Liesbeth Lans, Manager External
Communication, global.communication@vopak.comVopak - Analysts
and investorsFatjona Topciu, Head of Investor Relations,
investor.relations@vopak.com
- 2022-06-30 - Vopak Press release - Royal Vopak successfully
renewed a EUR 1 billion sustainability-linked revolving credit
facility
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