📋 Tender Overview
Location: Poland
Project number: 55126
Business sector: Manufacturing and Services
Notice type: Private
EBRD Finance Summary: PLN 400,000,000.00
Total Project Cost: PLN 2,000,000,000.00
Project Description
A sustainability-linked loan ("SLL") of up to PLN 400 million to CCC S.A. ("Borrower", "Company") one of the largest and fastest growing European footwear and apparel retail chains present predominantly in CEE. The SLL will be provided for the benfit of CCC Business Unit which includes core CCC footwear business and HalfPrice discount apparel store chain. The EBRD will act as a co-lender alongside Polish commercial banks in a syndicate financing of up to PLN 2.0 billion.
Project Objectives
The project will support Company's growth in selected channels in Poland and other CEE markets while broadening access to livelihood opportunities for people with disabilities within Poland's labour market.
Transition Impact
ETI score: 67
The expected transition impact of the project is Green. The Company will commit to sustainability improvements through a sustainability-linked loan, which comprises Key Performance Indicators ("KPIs") and Sustainability Performance Targets ("SPTs") structured around GHG emissions and circularity. The secondary transition impact is Inclusive. The project will broaden access to employment for people with disabilities through new recruitment opportunities, introducing new workplace practices at the group-wide level in line with a targeted commitments.
