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Clifford Chance advises the lenders in relation to BDR Thermea Group's €650 million Revolving Credit Facility

26 May 2023

Clifford Chance advises the lenders in relation to BDR Thermea Group's €650 million Revolving Credit Facility

International law firm Clifford Chance has advised the lenders in relation to BDR Thermea Group's €650 million Revolving Credit Facility. The Facility is envisaged to become Sustainability-Linked in the course of 2023.

ABN AMRO Bank N.V. acted as Documentation Agent and Facility Agent. The syndicate of banks consisted of Banco Sabadell, Crédit industriel et commercial (CIC), BNP Paribas, Citi, Commerzbank AG and SEB.

BDR Thermea Group is a world-leading manufacturer and distributor of heating and cooling solutions, systems and services. The company operates in more than 100 countries and its products are manufactured in 13 different locations.

The cross-border Clifford Chance team was led out of Amsterdam by Titus de Vries and Herman Steinvoort. The wider European team consisted of Angela McEwan, David Woolmer, Priyanka Paunrana, Shaun Campbell, Annie McLean, Nolan Groenland, Stern Flik, Sanne Blankestijn, Lounia Czupper, Wim Aerts, Valerie Ghysels, Grzegorz Namiotkiewicz, Jan Zdzienicki, Dominika Wróblewska, Maria Halasa, Marta Ruiz, Sofia Riano, Giuseppe de Palma, Alessandra Ravazzolo, Peter Gierl, Sophie Laporte and Alia Akki.