After issuing a Green Bond in 2020, CA Immo signed its second sustainability-linked financing instrument at the end of 2021: a €300 m 3-year RCF with two one-year extension options, whose margin is amongst others tied to the company's sustainability performance.

Andreas Schillhofer, CFO of CA Immo: "This is an important milestone in our ESG journey and underscores our integrated corporate commitment to sustainability, as we align our corporate financing structure with our ESG engagement. In the coming years, it will be particularly important for us to step by step expand our initiatives in the area of climate and environmental protection and contribute to a sustainable and climate-resilient economy. At the same time we take advantage of the opportunity to further strengthen our financing structure and reduce our average financing costs. All in all, this project is a win-win situation and will further strengthen our stability and overall future-proofness.”

CA Immo’s inaugural revolving credit facility of €300m has a tenor of 3 years plus two one-year extension options (“3+1+1” years). The facility and can be used for general corporate purposes (incl. acquisitions). A consortium of five banks (including Natixis, RBI, Unicredit Bank Austria and Erste Bank) led by Crédit Agricole CIB are providing the sustainability-linked loan. To underline CA Immo’s ESG strategy, the documentation includes margin adjustments tied to CA Immo´s ESG rating, while offering the possibility for a replacement by alternative sustainability targets. Crédit Agricole CIB acted as Coordinator, Bookrunner and Mandated Lead Arranger as well as Sustainability Agent.