EDF Signs €6B Syndicated Credit Facility Agented by Bank of America, et al.

On Nov. 29, 2024, EDF signed a €6 billion syndicated credit facility for a five-year term, renewable twice for one year. Its cost will be indexed to three group sustainability performance indicators, in line with the Loan Markets Association’s sustainability linked loans principles: direct greenhouse gas emissions, avoided CO2 emissions and women among executives of the group._x000D_
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This credit facility is syndicated with 36 banks. It replaces the existing syndicated credit lines of €4 billion and €1.5 billion._x000D_
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Bank of America, Crédit Agricole Corporate and Investment Bank and Mizuho Bank, Crédit Agricole Corporate and Investment Bank acted as facility agents. Mizuho Bank acted as documentation agent. MUFG and Société Générale acted as ESG coordinators.