CA Immo Secures €150 Million Sustainability-Linked Revolving Credit Facility

Reuters01-15
CA Immo Secures €150 Million Sustainability-Linked Revolving Credit Facility

CA Immobilien Anlagen AG (CA Immo) has secured a new sustainability-linked revolving credit facility (RCF) totaling €150 million, with an option to increase by an additional €50 million. The facility, provided by a consortium of five banks led by Crédit Agricole Corporate and Investment Bank, has an initial term of three years and includes two one-year extension options. The margin of the flexible credit line is linked to CA Immo’s investment-grade rating (currently Moody’s Baa3) and the achievement of specific sustainability targets related to the energy efficiency and certification of its property portfolio. This new facility replaces the company’s previous RCF from 2021 and will be used for general corporate purposes, including acquisitions.

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