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SUEZ announces successful signing of innovative €100 million social revolving credit facility dedicated to the financing of actions to fight effects of COVID-19

SUEZ announces successful signing of innovative €100 million social revolving credit facility dedicated to the financing of actions to fight effects of COVID-19

SUEZ is the first corporate globally to put in place a syndicated social credit facility for an amount of €100 million and a tenor of 2 years until July 2022 with two one-year extension options.

 

Amounts borrowed under the facility will be solely applied towards financing or refinancing eligible social projects that address impacts of the COVID-19 crisis.

 

The facility was structured and fully underwritten by UniCredit alongside BNP Paribas, CA-CIB, NatWest and Santander, who joined as Mandated Lead Arrangers.