Kingspan Group

Aligns Planet Passionate strategy with financing structure

  • Sectors : Building products
  • Companies : Kingspan Group

Ratings and price correct at time of issue.

  • Kingspan Group

    Closing Price: 7686c

  • RATING 12/05/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

Kingspan’s new €700m Planet Passionate Revolving Credit Facility neatly pulls together two of the attractive themes of the investment case. One is yet another confirmation of what is an extremely robust financial structure and the opportunity this brings. The other is the evident commitment of Kingspan in playing its part in dealing with the many environmental challenges that exist. Linking both is a willingness to be measured on the targets that have been embedded in its Planet Passionate strategy via the pricing of the new facility.

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Jun 1 2021, 08:05 IST/BST

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