This loan is the first linked to ESG performance that Argos signs with international banks. Due to its trajectory and presence in other markets, this alliance requires high standards in terms of sustainability performance, that endorses the company's commitment to continuous improvement of its processes and indicators.
"This operation, in addition to ratifying the confidence of financial entities in the company's sustainability strategy, allows us to extend the duration of the debt and improve its financial cost, which has a positive impact on Argos' debt indicators,” says Maria Isabel Echeverri, Argos’s Legal and Sustainability Vice President.
With this new addition, there are now three credits linked to the performance of ESG indicators that Argos has signed so far in 2021.
