AMPLIFON SIGNED WITH INTESA SANPAOLO A €175-MILLION

SUSTAINABILITY-LINKED CREDIT FACILITY

 

Milan, March 17^th, 2024 – Amplifon (EXM; Bloomberg/Reuters ticker: AMP:IM/AMPF.MI), global leader in hearing solutions and services, signed with Intesa Sanpaolo a 5-year term sustainability-linked credit facility totaling 175 million euros. The financing is composed of a revolving credit line for 100 million euros and a term loan for 75 million euros.

Thanks to these two credit lines, the total amount of sustainability-linked financing subscribed by Amplifon, including revolving credit facilities, reaches 1 billion euros, testifying to the Group’s commitment towards a further integration of ESG factors into its business and financial strategy. The financing, structured as a sustainability-linked loan, includes a margin adjustment mechanism tied to the achievement of specific indicators contained in the Company's Sustainability Plan.

Through this facility, Amplifon further strengthens its liquidity position, diversifies its sources of funding and extends the average debt maturity.

For Intesa Sanpaolo the financing was structured by the IMI Corporate & Investment Banking Division, led by Mauro Micillo, thus confirming the Group's constant commitment to supporting the development and sustainable growth of companies.

 

Background information:

About Amplifon

Amplifon, global leader in the hearing care retail market, empowers people to rediscover all the emotions of sound. Amplifon’s around 20,900 people worldwide strive every day to understand the unique needs of every customer, delivering exclusive, innovative and highly personalized products and services, to ensure everyone the very best solution and an outstanding experience. The Group, with annual revenues of over 2.4 billion euros, operates through a network of over 10,000 points of sale in 26 Countries and 5 continents. More information about the Group is available at: https://corporate.amplifon.com. 

Intesa Sanpaolo

Intesa Sanpaolo, with €422 billion in loans and €1.4 trillion in customer financial assets at the end of December 2024, is the largest banking group in Italy, with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. The Group will provide €115 billion of Impact lending by 2025 to support communities and the green transition, together with a €1.5 billion program (2023-2027) to help people in need. The Bank's network of museums, the Gallerie d'Italia, hosts its owned artistic heritage and cultural projects of recognized value.  

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Intesa Sanpaolo

Media Relations

Corporate & Investment Banking and Governance Areas

stampa@intesasanpaolo.com