(CercleFinance.com) – EDF announces a new revolving credit facility of 1.5 billion euros with an initial maturity of three years, the cost of which will be indexed to four Group ESG performance indicators (‘KPI’), and particularly under the angle of its social responsibility.
This new line of credit is carried out with 9 European and North American banks.
Bank of America and Natixis acted as ESG Coordinators, Crédit Agricole Corporate & Investment Bank as documentation agent and facility agent and Société Générale as syndication agent.
Bank of America, BNP Paribas, Crédit Agricole Corporate & Investment Bank, Natixis, Société Générale and Wells Fargo have also acted as Principal Arrangers and Bookrunners.
” EDF continues to be at the forefront of responsible finance, with EUR 9.1 billion in ESG-indexed credit facilities at the end of 2021, i.e. more than 75% of its credit lines, and an ambition to reach 100% in the years to come ‘indicates the group.