NautaDutilh assists Achmea with its EUR 1billion sustainability linked financing
NautaDutilh assisted Achmea with its successful closing of a EUR 1billion sustainability linked credit facility with a syndicate of twelve international banks.
Sustainability linked loans incentivise borrowers to achieve ambitious, predetermined sustainability performance objectives. These may relate to, among other things, energy efficiency, greenhouse gas emissions, water consumption and sustainable sourcing by the borrower and/or the companies included in its equity and credit investment portfolios. The borrower’s sustainability performance is typically measured using sustainability performance targets (SPT's), which include key performance indicators, external ratings and/or equivalent metrics and which measure improvements in the borrower’s sustainability profile.
We are proud to have assisted Achmea on this transaction which stands out both due to its size and innovativeness and makes Achmea the first Dutch insurer with a credit facility with sustainability features.
The NautaDutilh core team consisted of David Viëtor, Jinne van Belle (Finance), Arjan Scheltema (Structured Finance) and Nina Kielman (Tax).