Clifford Chance

Clifford Chance advises the joint bookrunners in relation to Ahold Delhaize's €1.6 billion multi-tranche EUR transaction, including Sustainability-Linked and Green tranches

Global law firm Clifford Chance has advised the joint bookrunners in relation to Koninklijke Ahold Delhaize N.V.'s successful issue of a €1.6 billion multi-tranche EUR transaction. The three maturities include a €400 million 2-year FRN tranche, a €500 million 7-year Green tranche, and a €700 million 12-year Sustainability-Linked tranche. The notes have been listed on Euronext Dublin.

Bank of America Securities and Goldman Sachs Bank Europe SE acted as Global Coordinators, and BNP Paribas, Bank of America Securities, Deutsche Bank, Goldman Sachs Bank Europe SE, ING, J.P. Morgan, Rabobank, SMBC, Société Générale and Wells Fargo Securities, as Joint Bookrunners.

The transaction marks another Ahold Delhaize bond issuance across sustainable formats. Read more about the transaction here.

This transaction builds on Clifford Chance's market leading Debt Capital Markets practice and track-record of green and sustainability-linked bonds. The Clifford Chance team was led by Tineke Kothe and further consisted of Helen Liefting and Jasper Leistra.