You have 0 free articles left this month.
Big Law

$650m sustainability-linked loan secured for AirTrunk’s 1st Japanese data centre

National law firm Gilbert + Tobin has advised Deutsche Bank, Credit Agricole and MUFG as mandated lead arrangers and underwriting banks on a $650 million sustainability-linked loan.

March 27, 2023 • By Jerome Doraisamy
Share this article on:
Facebook X LinkedIn
expand image

Firm: Gilbert + Tobin (lead arrangers and underwriting banks) 

This content is available exclusively to Lawyers Weekly premium members.
Deal: A $650 million sustainability-linked loan (SLL) for AirTrunk’s first Japanese data centre, TOK1, has been secured, with G+T advising Deutsche Bank, Credit Agricole and MUFG in their capacities as mandated lead arrangers and underwriting banks.

 
 

Area: Environmental, social and governance (ESG) financing

Value: $650 million

Key players: The G+T team was led by partner Stuart Cormack, who was supported by consultant Hannah Brellisford and lawyer Cinzia Tisano.

Deal significance: Mr Cormack said: “It was a pleasure to advise Deutsche Bank, Credit Agricole and MUFG on this refinancing that will allow AirTrunk to further expand its global footprint.

“AirTrunk continues to be a driver of ESG financing initiatives in the data centre industry. It is very exciting to see the continued emergence of green-financing and to be a part of another milestone transaction for AirTrunk.”

Discover logo VIEW ALL

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Know More
Tags