Cinven secures €4bn ESG-linked sub line
Cinven has secured a three year €4bn sustainability linked loan (SLL) with a consortium of banks.
The new capital call facility will focus on improving the ESG performance of Cinven’s portfolio companies, in relation to climate change, gender diversity and ESG governance.
Lloyds bank acted as ESG co-ordinator of the facility.
Allegra Day, ESG director at Cinven commented: “We are extremely pleased to have agreed our first Sustainability Linked Loan, which will be vital in helping Cinven’s portfolio companies take their next steps in improving their ESG performance.
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