CBRE Global Investors has closed a sustainability-linked revolving credit facility (RCF) with ABN AMRO. The €45m plus €15m accordion facility is for the CBRE European Industrial Fund (EIF) and will be secured against a selection of EIF’s properties at an LTV […]
lees meer
UPM is one of the first companies to link the pricing mechanism of a syndicated revolving credit facility (RCF) to both biodiversity and climate targets. The margin of the RCF is tied to two key performance indicators (KPIs): achievement of […]
lees meer
With the Green Finance Framework (GFF), the Volkswagen Group today presented further guidelines for sustainable financial instruments. In future, it will therefore be possible for investors to invest in a targeted fashion in sustainability projects of the Volkswagen Group such […]
lees meer
Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The […]
lees meer
BNP Paribas, a premier global bank, announced that it has closed a sustainability-linked loan (“SLL”) with JetBlue Airways via an amendment to its existing Senior Secured Revolving Credit Facility. JetBlue has amended its existing $550 million Senior Secured Revolving Credit […]
lees meer
Debt funding linked to sustainability factors will increasingly be the norm for Europe’s utilities in 2020 after accounting for more than 30% of the roughly EUR 65bn capital market debt raised by the sector last year, says Scope Ratings. Such […]
lees meer
A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting $465 billion globally, up a remarkable 78% from $261.4 billion in 2018. Last year also saw all-time, […]
lees meer
Siemens Gamesa recently extended a guarantee line from Danske Bank to €150 million from an initial €100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the Company has signed and also included similar conditions for a new €140 million […]
lees meer
Telefónica Deutschland concluded a so-called “Sustainability-Linked Loan” in the amount of 750 million euros via its subsidiary Telefónica Germany GmbH & Co. OHG. The interest margin is linked, among other things, to the fulfillment of ESG criteria (ESG = Environment, […]
lees meer
Etex heeft besloten de prijs van zijn duurzaamheidslening van 600 miljoen euro te koppelen aan het halen van een aantal duurzaamheidsdoelstellingen. Het bedrijf ging die duurzaamheids¬lening – waarbij de prestaties van de kredietnemer voor een aantal criteria inzake milieu, maatschappij […]
lees meer
In anticipation of the cessation of the London Interbank Offered Rate (“LIBOR”), this is one of the world’s first credit facilities linked to the new Secured Overnight Financing Rate (“SOFR”). Also, in a first for Shell, the interest and fees […]
lees meer
Louis Dreyfus Company B.V. (LDC, Rotterdam) announced the renewal of its two US$400 million revolving credit facilities (RCFs) for its Europe, Middle East and Africa (EMEA) region, a two-year and a three-year facility respectively, including identical sustainability-linked pricing mechanisms. The […]
lees meer
