The Devonshires’ Banking and Capital Markets team are delighted to have advised Saxon Weald on its £70m sustainability-linked private placement.
Saxon Weald raised £70million from a single investor in a transaction that includes a number of deferred drawdowns.
The private placement is a sustainability-linked placement, meaning Saxon Weald will receive a coupon discount should they achieve the energy efficiency targets agreed with the investor.
Centrus acted as arranger and Addleshaw Goddard acted as investor counsel.
For more information, please contact Julian Barker.