Bär & Karrer in AXPO’s EUR 2.5 billion sustainability linked credit facilities
Axpo Holding has entered into a EUR 2.5 billion sustainability linked credit facilities agreement with a broad international consortium of 22 banks, led by ING as sole coordinator. The interest margin of the facilities will among others depend on Axpo’s expansion of its renewable energy portfolio.
The sustainability-linked facility will enable Axpo to refinance the existing CHF 550 million committed credit line from 2020, diversify its financing structure, and enhance its financial flexibility.
Bär & Karrer is acting as legal advisor to Axpo Holding. The team includes partner Lukas Roesler (pictured), counsel Micha Schilling (both financing) as well as partner Susanne Schreiber and associate Elena Kumashova (both tax).