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03/06/2026 17:45
Manitou Group signs an amendment to its Sustainability Linked Loan (SLL) credit agreement to align its ESG criteria with its LIFT strategyPRESS RELEASEManitou Group signs an amendment to its Sustainability Linked Loan (SLL) credit agreement to align its ESG criteria with its LIFT strategyAncenis, June 3, 2026 – Manitou Group, a world reference in handling, people lifting, and earthmoving, announces the signing of an amendment to its Sustainability Linked Loan (SLL) credit agreement. This modification aims to align the extra-financial performance indicators of this financing with the ambitions of its new LIFT 2030 strategy and its updated CSR roadmap. This revolving credit line (RCF) with environmental and social impact, amounting to 535 million euros, is backed by a maturity running until July 2029. The bank margin adjustment mechanism remains indexed to the achievement of precise annual objectives. These are now structured around three major axes:
Michel Denis, President and CEO, stated: "The adjustment of our SLL credit agreement marks a further step in strengthening our sustainable development approach. By aligning our financial instruments with the environmental and social objectives of our LIFT 2030 roadmap, we reaffirm our commitment to responsible business practices and the creation of long-term value for all our stakeholders." For the structuring of this operation, Manitou Group relied on its pool of banking partners: HSBC Continental Europe, acting as CSR agent, and Société Générale, as credit agent. Jennifer Hinge, lawyer at the firm Auguste Debouzy, acted as legal counsel. Source : Webdisclosure.com |
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