Proximus successfully extends the maturity of its EUR 700 million Revolving Credit Facility

On 17 January 2025, Proximus PLC under Belgian Public Law proactively refinanced its EUR 700,000,000 Revolving Credit Facility with a pool of Belgian and international banks.

The EUR 700,000,000 renewed facility, which refinances an undrawn credit facility signed in 2020, has a 5-year tenor with two 1-year extension options and will be used as a liquidity reserve. The facility already includes a framework to link credit margin to the achievement of ESG targets, which will be agreed by Dec. 31, 2025. From activation, this margin will be further adjusted by an ESG pricing mechanism tied to sustainability targets in line with Proximus’ sustainability strategy.

This proactive renewal provides Proximus with financial flexibility and ensures a solid liquidity position.