Clifford Chance advises on €250 million sustainable financing to the Werfen group

Clifford Chance has advised a syndicate of banks on the €250 million sustainale revolving syndicated credit facility granted to the Werfen group

pjimage 2021 07 27T125923.208The syndicated financing is linked to two key performance indicators on sustainability: The increase of Renewable Energy consumption and the increase in the number of training hours per employee.

CaixaBank and BBVA acted as sustainability coordinators and agents.

The team from Clifford Chance comprised of Rodrigo Uría (pictured left), Ignacio Magariños (pictured centre) and Beatriz González (pictured right).

The multinational Werfen group owned by the Rubiralta family, leader in In vitro diagnostic systems (IVDs), customised assays and biomaterials, strengthens its commitment to sustainability with this new credit facility.

A spokesperson from Clifford Chance said: “Clifford Chance has a team that specialises in Environmental, Social and Corporate Governance (ESG) standards and the Legal advice on this deal reflects our team’s commitment to shaping innovative financing structures of this type.

Clifford Chance advises on €250 million sustainable financing to the Werfen group

Michael Heron

iberianlawyer.com

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram