Global law firm Reed Smith today announced that it has advised Archirodon Construction (overseas) Company Limited, a company of Archirodon Group, on the successful closing of a $50 million sustainability-linked loan facility from HSBC, and backed by SACE, the Italian Export Credit Agency.

Related Professionals: Nicholas Williams Maccailein Campbell

Aerial top view of fuel tanker ship at the port, Oil terminal is industrial facility for storage of oil and gas petrochemical products ready for transport to further storage facilities.

This is Archirodon’ s first sustainability-linked facility and the first SACE Push facility concluded under the Sustainability Linked Loan Principles underscoring the commitment of all the parties in this transaction to support environmentally and socially sustainable activities.

The Reed Smith team that advised Archirodon Construction (overseas) Company Limited was led by London-based finance partner Nick Williams, supported by counsel Maccailein Campbell and associate Helen Penwill.

Williams said: “We are excited to have advised Archirodon Group, a long-lasting partner of our firm, on this financing. This is definitely a significant transaction for Archirodon Group and demonstrates its commitment and ambitious strategic objective to transform its business towards a more viable future through the performance of environmentally and socially sustainable business activities. It was a challenging and complex transaction, given the number of the jurisdictions involved and the fact that this was the first sustainability-linked financing transaction for Archirodon and SACE.”