# MM Board Germany secures EUR 65 million green loan for Neuss board machine rebuild

MM Group signed a EUR 65 million syndicated green loan classified as sustainable, financing the rebuild of a board machine at its Neuss site in Germany.

- Type: Investment
- Announced: 2022-03-09
- Where: Neuss, Germany
- Value: $73.0M (65.0M EUR)
- Status: completed
- Products: board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [MM Board Germany](https://endata.com/companies/8994.md) (partner)
- [MM Packaging](https://endata.com/companies/8995.md) (partner)
- [Deutsche Industriebank](https://endata.com/companies/8996.md) (partner)
- [KfW](https://endata.com/companies/8997.md) (partner)

## Sources

- [paper-world.com](https://www.paper-world.com/en/newsdetail/first-classified-green-loan-for-mm), 2022-03-09: "MM Group successfully signed a syndicated loan contract in the amount of EUR 65 mn classified as sustainable according to the Green Loan Framework."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.