Investindustrial secures ESG-linked sub line

by Alice Murray 21 July 2020

Investindustrial’s Fund VII has secured an ESG-linked subscription credit facility.

Investec Bank was the arranger and sustainability coordinator of the €600m facility, which is backed by a syndicate of lenders including State Street Corporation and Banca Intesa Sanpaolo.

Andrea Bonomi, chair of the industrial advisory board at Investindustrial, said: “We are delighted to announce this facility as one of the first in Europe and the latest example of our continued commitment to sustainable investment.”

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