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Dentons Advises CPIPG on Sustainability-Linked Bilateral Loan with MUFG

Dentons Advises CPIPG on Sustainability-Linked Bilateral Loan with MUFG

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Dentons has advised the CPI Property Group on its debut sustainability-linked loan through a bilateral facility with MUFG. 

"The five-year senior unsecured loan totals EUR 100 million and will be used for general corporate purposes," Dentons informed. "In keeping with CPIPG’s commitment to reduce the greenhouse gas emissions of its property portfolio, the margin of the loan will step up or down on an annual basis from 2023 onwards, dependent on the achievement of certain milestones in this regard."

CPIPG is a real estate owner in Berlin, Prague, Warsaw, and other European countries.

MUFG, the Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company.

The Dentons team was led by Prague-based Partner Jiri Tomola and included Associates Ondrej Vales and Leontyna Bartov, as well as teams from the firm’s London and Luxembourg offices.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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