date:Feb 19, 2020
a group of seven lenders.
The facility is linked to the progress Britvic makes against three sustainability targets. The better Britvic performs against these targets, the further the margin will reduce.
By 2025, the company has committed to making 50% of all plastic bottles in the UK and Ireland from recycled plastic; a 50% reduction in carbon emissions, and 75% of the drinks portfolio globally to be either low or no sugar.
Britvic or the lenders will donate the proceeds from any change in