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France’s Paref signs €90 million sustainability-linked loan
Chicago, Dec. 8 – Paref signed a sustainability-linked loan for €90 million, according to a notice.
The facility includes a €50 million five-year loan and a €40 million four-year undrawn credit line.
Proceeds will be used to refinance company debt and pursue its ongoing and future development projects.
HSBC Continental Europe was the coordinator, arranger, ESG arranger and agent.
Credit Agricole Ile-de-France was the arranger and ESG arranger and Caisse d'Epargne Bretagne - Pays de Loire participated.
EthiFinance assessed the ESG framework.
Paref is a Paris-based real estate management company.
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