Title: Press Release
Author: Rainer Berghausen
Last saved by: Kledig, Marleen
Company: TRUMPF Group

Press Release

TRUMPF extends syndicated credit line with sustainability component

Ditzingen, March 15, 2022 – The high-tech company TRUMPF has extended its syndicated credit line of 500 million euros by one year until February 2027. At the same time, the company, advised by Landesbank Baden-Württemberg, has integrated a sustainability component (ESG component) into the loan agreement. As a result, the terms of the credit line also result from progress on the agreed ESG targets. These consist of the core components of employee satisfaction, occupational safety and climate protection.
"Sustainability aspects are also gaining in importance for small to medium-sized enterprises when it comes to financing," says Lars Grünert, member of the Managing Board and CFO of TRUMPF. "With the ESG component in our syndicated credit line, we’re supporting TRUMPF's sustainability strategy as well as our long-term corporate goals as a family-owned company."
In the realignment of the syndicated loan, TRUMPF is pursuing an indicator-based approach that enables it to link its sustainability strategy directly to the financing, despite this procedure being more complex than a ratings-based approach. 
In addition to LBBW, the syndicate leaders of the loan are UniCredit and Deutsche Bank. Further syndicate banks are BNP Paribas, Commerzbank, Helaba and HSBC.

	
	
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About TRUMPF
TRUMPF is a high-tech company offering manufacturing solutions in the fields of machine tools and laser technology. The Company drives digital connectivity in the manufacturing through consulting, platform products and software. TRUMPF is a technology and market leader in highly versatile machine tools for sheet metal processing and in the field of industrial lasers.
In 2020/21, the company employed some 14,800 people and generated sales of about 3.5 billion euros. With over 80 subsidiaries, the TRUMPF Group is represented in nearly every European country as well as in North America, South America and Asia. The company has production facilities in Germany, France, the United Kingdom, Italy, Austria, Switzerland, Poland, the Czech Republic, the United States, Mexico and China.

Find out more about TRUMPF at www.trumpf.com

Press contact:
Rainer Berghausen
Head of Group Communications
+49 7156 303-31720
rainer.berghausen@trumpf.com

TRUMPF SE + Co. KG, Johann-Maus-Str. 2, 71254 Ditzingen, Germany