Cementos Molins signs EUR180m green loan

Spanish cement producer Cementos Molins has signed a EUR180m green loan to refinance all of its domestic debt and extend its maturity by five years.

The agreement includes one EUR40m loan and a EUR140m revolving credit facility, of which EUR50m are already available with the balance to be used for future projects.

Agent bank and coordinator of the loan is Caixabank while Sabadell, BBVA, Santander and HSBC also granted the loan. The refinancing was reportedly closed at an interest rate of Euribor plus 0.9 per cent.