October 13, 2022 – Mercedes-Benz Group AG successfully transformed its existing €11 billion Revolving Credit Facility (RCF) into a Sustainability-Linked Loan (SLL). A Revolving Credit Facility is arranged for liquidity backup reasons to secure unforeseen liquidity risks. It enhances overall financial flexibility as required by rating agencies to support its investment grade ratings.
Our path towards a CO₂ neutral future has been set out clearly with our Ambition 2039. We will therefore align our sustainable business strategy with our financing instruments and transform our existing Revolving Credit Facility into a Sustainability-Linked Loan. This follows on from our previous two green bond issues in 2020 and 2021 and paves the way for Mercedes-Benz to play a leading role in the area of sustainable finance.
We are proud to advise Mercedes-Benz Group again in communicating their ambitious sustainability strategy through this sustainable finance transaction. This facility affirms their position as one of the corporate leaders in sustainable finance. We are pleased to have been able to add value with our many years of experience and expertise in this field as well as in the automotive industry.