1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. BayWa AG
  6. News
  7. Summary
    BYW   DE0005194005


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

BayWa successfully places first ESG-linked bonded loan

12/21/2021 | 05:02am EDT

DGAP-News: BayWa AG / Key word(s): Financing
BayWa successfully places first ESG-linked bonded loan

21.12.2021 / 11:00
The issuer is solely responsible for the content of this announcement.

BayWa successfully places first ESG-linked bonded loan

BayWa AG, Munich, has placed a bonded loan linked to environmental, social and corporate governance criteria (ESG) in the amount of ?350 million. As in the case of the ESG-linked syndicated financing agreement concluded in September, the bonded loan is based on the MSCI sustainability rating. MSCI ESG Research has awarded the BayWa Group an "AA" rating.

The bonded loan has an average coupon of 1.15%, with an average term of 6.3 years and tranches of between five and ten years. Most of the transaction, which was oversubscribed multiple times, was placed with banks from the cooperative and savings sector, but there were also subscriptions from private banks from Germany and abroad as well as from institutional investors.

"The proceeds from the bonded loan will mainly be used to refinance bonded loans due in 2021 and 2022. We are delighted to secure such a broadly diversified investor portfolio at extremely attractive terms with this bonded loan, so soon after concluding our syndicated financing agreement," explains BayWa AG's Chief Financial Officer Andreas Helber. "The fact that the loan was received so well in the current market environment points to BayWa's outstanding solidity and the faith investors have in the Group's sustainability expertise."

According to Uwe Falk, Head of Corporate Treasury at BayWa AG, the conclusion of the ESG-linked bonded loan means that more than 50% of BayWa's borrowing portfolio is now covered by sustainable and green financing products. The bonded loan was arranged by Commerzbank, DZ-BANK and LBBW.

Jenny Levié, BayWa AG, Head of PR/Corporate Communications/Public Affairs,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 12-36 80,
e-mail: jenny.levie@baywa.de

21.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: BayWa AG
Arabellastraße 4
81925 Munich
Phone: +49 (0)89/ 9222-3691
Fax: +49 (0)89/ 9212-3680
E-mail: jenny.levie@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1260378

End of News DGAP News Service

1260378  21.12.2021 


© EQS 2021
All news about BAYWA AG
05/25BAYWA AG : Ex-dividend day for final dividend
05/24BAYWA ANNUAL GENERAL MEETING : shareholders approve raising dividend to €1.05 per share on..
05/19BAYWA : subsidiary Cefetra Group acquires nuts and dried fruits company Heinrich Brüning G..
05/09BAYWA : Warburg Research reiterates its Buy rating
05/05BayWa Aktiengesellschaft Reports Earnings Results for the First Quarter Ended March 31,..
05/05BayWa makes a strong start to the year
05/05TRANSCRIPT : BayWa Aktiengesellschaft, Q1 2022 Earnings Call, May 05, 2022
05/02BAYWA : Warburg Research keeps its Buy rating
04/13BAYWA : Sustainability Report 2021 published – BayWa AG enhances sustainability stra..
04/04BAYWA : Warburg Research reiterates its Buy rating
More news
Analyst Recommendations on BAYWA AG
More recommendations
Sales 2022 21 713 M 23 297 M 23 297 M
Net income 2022 89,1 M 95,7 M 95,7 M
Net Debt 2022 3 973 M 4 263 M 4 263 M
P/E ratio 2022 31,4x
Yield 2022 1,76%
Capitalization 1 749 M 1 876 M 1 876 M
EV / Sales 2022 0,26x
EV / Sales 2023 0,25x
Nbr of Employees 21 468
Free-Float 36,1%
Duration : Period :
BayWa AG Technical Analysis Chart | BYW | DE0005194005 | MarketScreener
Technical analysis trends BAYWA AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 1
Last Close Price 62,60 €
Average target price 52,70 €
Spread / Average Target -15,8%
EPS Revisions
Managers and Directors
Klaus Josef Lutz Chairman-Management Board & CEO
Andreas Helber Head-Finance
Manfred Nüssel Chairman-Supervisory Board
Johann Lang Independent Member-Supervisory Board
Klaus Buchleitner Member-Management Board
Sector and Competitors
1st jan.Capi. (M$)
BAYWA AG27.76%1 876
KWS SAAT SE & CO. KGAA-14.38%2 208
THE ANDERSONS, INC.-3.46%1 221