Eiffage increases its credit line to EUR2bn whilst incorporating social and
The transaction which is oversubscribed by 45% by a syndicate of 20
institutions illustrates their trust towards the Group.
This new facility is destined for the general corporate purpose of Eiffage. It
will substitute itself to the existing undrawn EUR1bn credit line maturing in
April 2021. Signed for 5 year with 2 possible 1 year extension, this facility
lengthen the horizon of the Group means and enhances their terms.
In order to translate the Group's undertaking in social and environmental
matters, this facility margin will partially depend from the Group's
performance in two extra financial domains of deep attention, health & safety
and carbon footprint. As such, an improvement on either one of these topics
will lead to a reduction in the credit margin. A deterioration would lead to
compensation measures in favour of associations and a foundation working in the
This innovative and virtuous mechanism makes Eiffage one of the first
construction and concessions group incorporating this type of undertakings in
is financial documentation.
The 20 international financial institutions are :
* Mandated lead arrangers and bookrunners :
BBVA, BNP Paribas, CaixaBank, CIC, Groupe Crédit Agricole (CADIF, CACIB and
LCL), Groupe Société Générale (SG - coordinator inc. ESG and documentation
- and CdN), Natixis-agent, Santander and UniCredit.
* Mandated lead arrangers :
Commerzbank, HSBC, Intesa, KBC, La Banque Postale, Helaba, Mediobanca, Mizuho,
MUFG, Sabadell and SMBC.