Vena Energy secures $500 million credit facility

Vena Energy has secured its first sustainability-linked facility of $500 million from eight lenders. According to the agreement, the facility will have a maximum amount stipulated that the company can access whenever needed. The financers are BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho while ING Bank and BNP Paribas were joint green structuring advisors for the deal.

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