Freshfields advises on €3bn credit facility for Uniper

Global law firm Freshfields has advised a banking consortium led by ING and UniCredit on a €3bn sustainability-linked multicurrency revolving credit facility agreement for Uniper.

Uniper is a European energy company with global reach. With about 7,000 employees, Uniper makes an important contribution to energy security in Europe, particularly in its core markets of Germany, the United Kingdom, Sweden and the Netherlands.

The financing has an initial tenor of five years with two extension options of one year each and an incremental facility option of €1bn (all subject to the approval of each participating bank).

The Freshfields team was led by Partner Frank Laudenklos and Principal Associate Dennis Chinnow (both Finance, Frankfurt). They were supported by a team including Principal Associate Alexander Bräuer, Associate Daniel Schraffl (both Finance), Partner Sebastian Röger and Principal Associate Sebastian Jung (both Tax, all Frankfurt).