Czech Republic’s CTP, Europe’s developer of industrial and logistics properties, signed a €1.3 billion (~$13.75 billion) sustainability-linked Revolving Credit Facility (RCF), replacing its previous €550 million (~$5.81 billion) facility. The undrawn RCF was established as a back-up for liquidity and included sustainability KPIs such as solar PV roll-out, Green Leases, and “A” grade EPC certifications. The RCF syndicate consisted of 15 banks, with Citi and ING acting as Coordinators and Citi, ING, and SMBC serving as Sustainability Coordinators.
CTP secures €1.3B sustainability-linked RCF for solar and Green Leases
CTP’s RCF includes KPIs for solar PV roll-out, Green Leases, and “A” grade EPC certifications. (Image Source: AI Generated)