Allen & Overy advised Nuveen Real Estate on the amendment of a EUR43 million loan agreement granted to Pragasei S.r.l., owner of Serravalle Outlet Village Phase 6, by Crédit Agricole Corporate and Investment Bank, Milan Branch.
The aim of the amendment is to extend the credit facility’s maturity and convert into a green financing in accordance with the Green Loan Principles of the Loan Market Association (LMA), the Loan Syndications and Trading Association (LSTA) and the Asian Pacific Loan Market Association (APLMA), and relating to a green asset aligned to the EU Taxonomy.
Crédit Agricole Corporate and Investment Bank acted as MLA, Lender, Agent, Hedging Bank as well as Green Coordinator.
The Allen & Overy team advising Nuveen Real Estate was led by partner Pietro Scarfone, supported by trainee Alessia Cellucci, with partner Paolo Nastasi and senior associate Francesca Croci advising on corporate law aspects.
A team from our Luxembourg office also assisted on the deal, advising on Luxembourgish law aspects. The team comprised partner Pierre Schleimer, senior associate Diana Konrad and junior associate Martin Poirier, as well as partner Sylvain Cailleau and senior associate Sibylle Vieille-Cessay advising on corporate law aspects.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
