Zeist,
07
March
2019
|
18:00
Europe/Amsterdam

Achmea first Dutch insurer to close new, sustainable credit facility

Achmea has successfully closed a new multicurrency revolving credit facility (RCF) with a sustainable character. The €1 billion RCF has been closed with a syndicate of twelve international banks. The new facility has a maturity of five years with the optionality to extend the facility twice for a period of one year. If the extension optionality is exercised, the facility will mature in 2026. The facility replaces the existing €750 million facility as of today.

Achmea is the first Dutch insurer with a credit facility with sustainability features. The RCF is part of Achmea's liquidity management and is currently undrawn.