EQT gets second multi-billion euro ESG line
Sweden’s EQT, the private equity company, has followed up on its summer signing of the biggest ever ESG-linked subscription facility with a second deal of the same maximum size. Lenders say this is further proof that ESG is becoming more important to private equity.
EQT has signed a €2.7bn bridge facility with a maximum limit of €5bn.
"This new bridge facility demonstrates how private equity can play an instrumental role as a catalyst of change,” said Therése Lennehag, head of sustainability at EQT. “Moving the entire financial community to stimulate more sustainable businesses.”The ...