Fried Frank-Counseled Deal Wins Green/Sustainable Loan of the Year at IFR Awards
Accolades | December 13, 2019
The €1.7 billion transaction, on which Fried Frank served as co-counsel to MASMOVIL, involved a revolving credit facility and capex line that included a margin ratchet based on an Environmental, Social, and Governance (ESG) rating from a third-party provider. This marks the first time a borrower in Europe has incorporated the ESG criteria into a leveraged loan.
Click here to read the article.
This communication is for general information only. It is not intended, nor should it be relied upon, as legal advice. In some jurisdictions, this may be considered attorney advertising. Please refer to the firm’s data policy page for further information.