Cadeler has further strengthened its financial position with the addition of a second unsecured green corporate term loan facility (the 'Green Corporate Loan Facility'), in the aggregate amount of EUR 60 million with a non-committed accordion option of up to EUR 80 million.
The Green Corporate Loan Facility, with a tenor of up to five years, was arranged and coordinated by The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch ('HSBC') and Clifford Capital Holdings Pte. Ltd. ('Clifford Capital') as Mandated Lead Arrangers, with HSBC as Green Loan Coordinator and Facility Agent, and both HSBC and Clifford Capital as lenders.
The facility will be used for general corporate purposes, enhancing Cadeler’s balance sheet and its financial flexibility. With this financing in place, Cadeler strengthens its capacity to navigate current market dynamics and opportunities, support its strategic priorities, and maintain its financial resilience, underpinning its commitment to sustainable growth and its ability to execute the largest and most complex offshore wind installation projects.
Source: Cadeler
