WALLDORF -
SAP has successfully closed a new sustainability-linked revolving credit facility with a volume of
In line with SAP's strategic commitment to sustainability, a sustainability component has been embedded in the new credit facility for the first time. The included ESG-component links the margin of the new facility to the company's net zero carbon and women in management ambitions.
"Our new revolving credit facility constitutes a very strong pillar in our overall financial strategy. With the higher volume and the new ESG linkage it further enhances our financial flexibility and additionally underpins SAP's commitment to sustainability," CFO
Citibank,
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