Carlyle signs $4.1bn ‘largest’ private equity ESG facility

By Mike Turner
18 Feb 2021

Carlyle Group has signed what it is calling the largest ESG-linked private equity credit facility in the US, as socially conscious financing continues to make inroads into the sector globally.

The $4.1bn facility is linked to advancing board diversity among Carlyle’s portfolio companies. 

In particular, the margin is linked to Carlyle achieving 30% ethnically diverse directors on the board of Carlyle controlled companies within two years of the private equity firm taking ownership.

Bank of America coordinated the syndicated facility. 

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