Linklaters has advised BNP Paribas and Citi as Joint Lead Managers, in connection with the inaugural issue of Green Bond by Arkema, a French chemicals group. An amount equivalent to the net proceeds will be used to finance and/or refinance the construction of a new Arkema production plant located in Singapore dedicated to the manufacture of Rilsan® polyamide 11, 100% derived from castor oil.
Successfully placed, this Green Bond has a maturity of 6 years and an annual coupon of 0.125%.
This issuance within Arkema’s Green Bond framework is aligned with ICMA Green Bonds Principles as set out in a Second Party Opinion provided by Vigeo Eiris.
The Linklaters Capital Markets team was comprised of Véronique Delaittre, partner, Antoine Galvier, managing associate, and Batoul Laanani, associate.
Herbert Smith Freehills advised Arkema with a team led by Louis de Longeaux, partner, and Dylan Shields, associate
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.
