Post by BNP Paribas

Congratulations to EQT Group’s USD 4.4 billion sustainability linked credit facility (#SLL) for its BPEA Private Equity Fund IX – the largest SLL of its kind in Asia and one of the largest globally to date. 💡Private equity investors are moving from blanket ESG targets to portfolio company specific, material metrics - a shift that ensures each target is truly relevant to the portfolio company’s industry and operations. ✅ This SLL ties financing to two material ESG metrics and targets for every portfolio company, plus a dedicated governance metric to embed sustainability into strategic decision making. ✅ On climate, each portfolio company will also adopt a scientifically grounded, tailored climate target. ✅ All metrics and targets are aligned with internationally recognised frameworks, and are independently verified annually by a third party advisor to provide transparent reporting on progress against each metric. BNP Paribas served as Joint Sustainability Coordinator and Lender on the transaction and remains focused on building finance solutions that embed measurable #ESG outcomes. In 2021, BNP Paribas acted as Joint Lead #Sustainability Structuring Advisor for BPEA Private Equity Fund VIII’s USD 3.3 billion SLL, which was the largest of its kind in #Asia at the time. Guillaume Douin Xiaochao Luo Jean-Baptiste Peloux Vanessa Cheung Carinne Au, CAIA Pierre-Julien Marboeuf Mohit Singh Agnes Gourc #BNPP4Clients #Privateequity #valuecreation