Metso Outotec extends revolver to 2026, adds sustainability targets

By Mary-Katherine Stinson

Lexington, Ky., Sept. 30 – Metso Outotec Oyj said it has reached an agreement with its banking partners to exercise the remaining one-year extension on its €600 million syndicated revolving credit facility, according to a company release.

After the extension, the new maturity date will be September 2026.

The agreement also approved the addition of the following sustainability targets: CO2 emissions from the group’s own operations, CO2 emissions from the group’s logistics and the group’s suppliers having a science-based CO2 emissions target.

These targets will be measured annually and the achievement of them will affect the margin on the facility. It may either increase, decrease or remain the same depending on the results.

Nordea Bank Abp was the sustainability coordinator for the amendment process.

Metso Outotec Oyj is a Helsinki, Finland-based provider of technology and services for mining, aggregates, recycling and metal refining industries.

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