Clifford Chance has advised documentation and facility agent ABN AMRO Bank and lenders Banco Sabadell, Credit Industriel et Commercial, BNP Paribas, Citi, Commerzbank, and SEB on BDR Thermea Group's EUR 650 million revolving credit facility.
According to Clifford Chance, the facility should become sustainability linked in the course of 2023.
The BDR Thermea Group is a Netherlands-headquartered heating and cooling solutions, systems, and services manufacturer and distributor. The company operates in over 100 countries and manufactures products in 13 locations.
The Clifford Chance team included Poland-based Partner Grzegorz Namiotkiewicz, Of Counsel Jan Zdzienicki, Associate Dominika Wroblewska, and Trainee Maria Halasa, as well as lawyers from the firm's offices in the Netherlands, the UK, Belgium, Spain, Italy, Germany, and France.
Clifford Chance did not reply to our inquiry on the matter.