Global law firm Clifford Chance has advised ING, as coordinator, on a new €2.8 billion revolving credit facility (RCF) for Dutch electricity and gas grid operator Alliander.
The €2.8 billion facility was provided by a syndicate of eight banks and replaces Alliander’s previous undrawn revolving credit facilities totaling €2.4 billion. The facility has a five-year tenor to October 2031, with two one-year extension options.
The Clifford Chance team was led by partner Boudewijn Vermeer and included counsel Amin Tamaddoni, senior associate Robin Houtveen, associate Johan Anton Niesten, trainee lawyer Dounia Endlich and senior advisor Sara Schermerhorn in Amsterdam.
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