Dentons has advised NEPI Rockcastle and its subsidiary NE Property on securing two revolving sustainability-linked credit facilities totaling EUR 290 million. CMS reportedly advised the lenders.
NEPI Rockcastle is an investor and developer of shopping centers in Central and Eastern Europe.
According to Dentons, the first facility, a EUR 190 million club loan, was arranged by a syndicate led by BRD-Groupe Societe Generale as the mandated lead arranger and sustainability structuring bank. Commitments included EUR 100 million from BRD, EUR 50 million from UniCredit Bank, and EUR 40 million from Garanti Bank S.A. The second transaction involved a EUR 100 million facility provided by ING Bank acting via its Amsterdam–Bucharest Branch.
The Dentons team included Partner Simona Marin and Counsel Sandra Constantin.
