PostNL completes €200 million revolving credit facility
The Hague, 17 December 2021 – PostNL has successfully completed a five-year €200 million revolving credit facility, including two one-year extension options.
This facility will replace the former €400 million multicurrency revolving credit facility, which would expire on 10 April 2022. With the facility, PostNL secures access to committed future financing capacity in line with its financing strategy at reduced financing costs and updated terms and conditions. PostNL's aim is to be the driving force for sustainable logistics in the Benelux. Therefore, the margin, to be paid by PostNL, is partly dependent on the successful execution of its emission reduction strategy. For this RCF PostNL uses two main indicators in the performance evaluation, the carbon efficiency of its own operations and the share of emission-free delivery in the last-mile.
The facility can be used for general funding purposes.
About PostNL
We are PostNL, here for everyone, bringing it all together for 225 years. With an extensive network of nearly 5,700 PostNL points, 10,000 letterboxes, and around 1,100 automated parcel lockers, also open to various carriers, along with millions of users of the PostNL app, we're always close by. We aim to be everyone's favourite deliverer by making it as easy as possible to send and receive parcels and mail. With over 32,000 colleagues working with us, we are part of society. On an average weekday, we deliver 1.2 million parcels and 6.3 million letters.
We optimise and support our physical networks through the use of smart digital solutions and introduce new propositions that add value for our customers. And aim for sustainable employment relationships by being a good employer to all people working with and for us. We focus on sustainability, making many journeys on foot and by bicycle, increasingly using cleaner fuels and electric vehicles, and offering innovative city logistics. PostNL N.V. is a publicly traded company with a turnover of €3.3 billion in 2024.