Russell McVeagh has assisted ANZ New Zealand Limited (ANZ) who, together with National Australia Bank (NAB), were joint Sustainability Coordinators for Kathmandu Holdings Limited's A$300m debt facility refinancing, which has included the establishment .
Press Release – Russell McVeagh Russell McVeagh has assisted ANZ New Zealand Limited (ANZ) who, together with National Australia Bank (NAB), were joint Sustainability Coordinators for Kathmandu Holdings Limited’s A$300m debt facility refinancing, which has included the establishment …
Russell McVeagh has assisted ANZ New Zealand Limited (ANZ) who, together with National Australia Bank (NAB), were joint Sustainability Coordinators for Kathmandu Holdings Limited’s A$300m debt facility refinancing, which has included the establishment of a syndicated A$100 million sustainability linked loan (SLL) facility, the largest syndicated SLL in the New Zealand market to date.
With ANZ’s support, Kathmandu successfully finished the refinance of its syndicated debt facilities recently with a three-year A$300 million facility, consisting of a A$100m sustainability linked loan and a A$200 million multi-option facility.
Eni publishes the world’s first Sustainability-Linked Financing Framework in its sector
20 May 2021
Sustainability-Linked Financing Framework in its sector, which fully-integrates sustainability in the company’s funding strategy.
With this document Eni further strengths its sustainability strategy, aimed at achieving complete carbon neutrality by 2050 and at contributing to the achievement of the
United Nations Sustainable Development Goals ( UN SDGs ). The Framework lays out the guidelines that Eni will follow in issuing new sustainable financing instruments and that will be applied to various financial solutions, including bonds (in public and private format), bank loans (term loans and credit lines) and hedging derivativitaes.
[co-author: Cynthia Chen, Articling Student]
On January 19, 2021, together with the Principles for Responsible Investment (PRI), the European Leveraged Finance Association (ELFA) and the London-based Loan Market Association (LMA) jointly published a
As sustainable investing continues to gain traction, environmental, social and governance (ESG) considerations are being given increasing significance by borrowers, investors and lenders alike. However, there is a general lack of clarity and consistency with respect to ESG disclosure. Stakeholders agree that a standardized approach to ESG disclosure would greatly benefit the market. The Guide aims to serve as a practical tool for company advisors to use in navigating ESG disclosure in the context of leveraged finance transactions and in integrating ESG considerations into a company’s offering documentation or credit agreement and ongoing financial reports.