First classified Green Loan for MM – EUR 65 mn
MM Group successfully signed a syndicated loan contract in the amount of EUR 65 mn classified as sustainable according to the Green Loan Framework. Based on the strict rules of Deutsche Industriebank AG and KfW (German state funding bank) MM received this certificate for its sustainability investment at Neuss for the rebuilt of the board machine. This is the first officially as green classified financing in the MM Group.
MM is Europe's leading producer of cartonboard and folding cartons with an attractive offer in Kraft Papers and Uncoated Fine Papers. The focus is on sustainable and innovative fiber-based packaging solutions. Including the latest acquisitions, MM generates sales of approximately EUR 3.2 billion and employs around 12,500 people.