Clifford Chance is advising a banking syndicate on the refinancing and conversion to sustainable financing of the 250 million euro syndicated corporate facility to the Atresmedia group.
The syndicated financing is linked to the performane of two social indicators and one environmental indicator. CaixaBank, BBVA and Santander have acted as the financing sustainability coordinators, and CaixaBank as agent.
This is the first deal involving the sustainable financing of a Spanish communication group and one of the first in this sector in Europe.
The team at Clifford Chance comprised Epifanio Pérez, Ignacio Magariños and Marta Martínez.
Clifford Chance has a team that specialises in environmental, social and corporate governance (ESG) standards and the legal advice on this deal reflects our team’s commitment to shaping innovative financing structures of this type.
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