EQT secures second ESG-linked sub line
EQT has inked its second ESG-linked subscription credit facility, this time for its infrastructure business line.
The bridge facility currently sits at €2.7bn and has an upper limit of €5bn. It is backed by various financial institutions including BNP Paribas, as agent and sustainability agent and SEB acting as sustainability coordinators.
The sub line’s pricing model aims to inspire and incentivise portfolio companies to improve their performance across the following metrics: gender and equality of the board of directors; renewable energy transition; as well as fundamental sustainability governance platform.
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