Multimetal provider Aurubis AG has signed a EUR 350m syndicated revolving facility jointly arranged by Deutsche Bank AG, LBBW and UniCredit Bank AG. The facility has a term of five years with two extension options for an additional year each and includes an increase option for additional EUR 150m. The new financing is linked to the ESG-rating of the company provided by sustainability rating platform EcoVadis. Currently, Aurubis has platinum status with 73 of 100 points and thus belongs to the top one percent of companies in the global non-ferrous metals industry.
Hengeler Mueller advised Aurubis on the financing. The team was led by partner Daniela Böning and included associate Leonie Adam (both Financing, Frankfurt).