Clifford Chance advised logistics operator Raben Group on the matter.
Raben Group closed a EUR 225 million five-year inaugural sustainability-linked loan, with a group of 7 banks. This is one of the first club deal sustainability-linked loans in the logistics industry in Europe.
The margin on the sustainability-linked loan is tied to the company achieving a comprehensive set of five key performance indicators covering Environmental, Social and Governance (ESG) issues for the road transportation and logistics sector.
The Clifford Chance team consisted of Titus de Vries (Picture), Nienke van Stekelenburgh, Amin Tamaddoni, Lisa Ye and Ksenia Kuznetsova.
Law Firms: Clifford Chance;
Clients: Raben Group;