Crédit Agricole Corporate and Investment Bank provides up to €138 million facilities agreement to Italian alternative closed-end real estate investment fund

Client(s) Crédit Agricole Corporate and Investment Bank

Jones Day advised Crédit Agricole Corporate and Investment Bank, Milan branch, as facility agent, mandated lead arranger, underwriter, bookrunner, green coordinator, and original lender, in connection with a facilities agreement for making available certain facilities up to €138 million in aggregate to the Italian alternative closed-end real estate investment fund “Go Italia VI”, as borrower, managed by DeA Capital Real Estate SGR S.p.A. The facilities agreement is aimed at financing/refinancing the acquisition and the development of a logistic portfolio of eight logistic assets located in Italy. Most or all of such assets should be assessed, once acquired/developed, as “green buildings” in compliance with the Green Loan Principles issued by the Loan Market Association as at 10 February 2021 provided that such properties have a LEED (gold or better), BREEAM (very good or better) or EPC (A or better) certification and/or are within the top 15% of the national or regional building stock expressed as operational Primary Energy Demand (PED).