Watson Farley & Williams (“WFW”) has advised Navigator Holdings (“Navigator”) on a US$200m loan agreed with a syndicate of lenders, led by ABN AMRO Bank and Nordea and including SEB and BNPP, for the financing of ten vessels. Highlighting the ever-increasing importance of the sector’s focus on achieving its ESG goals, the loan agreement notably included a sustainability-linked margin adjustment with not only a KPI linked to fleet environmental criteria, but a second KPI linked to the number of women in leadership roles at Navigator, one of the first KPIs…
Read MoreWFW advises Navigator on ‘women in leadership’ linked loan
