BBVA has successfully facilitated a EUR 300 million (USD 354 million) sustainability-linked syndicated loan for Emperador International, Ltd., serving as the Mandated Lead Arranger, Bookrunner, Underwriter, and Sustainability Coordinator. This transaction represents the first-ever sustainability-linked loan for the Philippine spirits giant, which is globally recognised for its brandy and whisky production.
The credit facility is structured as a three-year term loan with a two-year extension option. It features specific sustainability performance indicators tied to the group’s environmental targets, effectively merging the firm’s financial strategy with its ecological commitments. Emperador intends to utilise the funds to refinance existing debt and optimise its maturity profile.
BBVA’s role in the process underscores its growing influence within the Asian syndicated loan market and its expertise in navigating complex international finance.
“This financing reflects our commitment to supporting our clients at every stage of their growth, particularly in their international expansion and in the integration of sustainability criteria into their financial strategy,” said Hedi Ben Salem, Managing Director, responsible for Corporate Lending EMEA & Asia. “This success highlights our ongoing work with responsible businesses in Asia’s competitive landscape.”
