By Sabela Ojea
Koninklijke Ahold Delhaize NV said Friday that it has secured a 1 billion-euro ($1.21 billion)sustainability revolving credit facility, which will refinance its existing 2015-dated EUR1 billion facility.
The Amsterdam-listed food retailer said the facility it will help it reduce food wastage as well as carbon emissions, and ensure it maintains its financial flexibility.
"The new facility has a maturity of three years with two one-year extension options," Chief Financial Officer Natalie Knight said.
Write to Sabela Ojea at firstname.lastname@example.org; @sabelaojeaguix