DKSH links existing CHF 315m term loan facility to sustainability targets
Niederer Kraft Frey advised ING Bank N.V. Singapore Branch, acting as sustainability coordinator, on DKSH’s first ever conversion of an existing CHF 315 million term loan facility into a sustainability-linked loan, tying the interest terms to its ambitious sustainability targets. These targets are consistent with DKSH’s overall sustainability strategy to increase gender diversity in its senior leadership team and become climate neutral (Scope 1+2) by 2030.
DKSH Holding Ltd. is a SIX Swiss Exchange listed company specialising in market expansion services to help companies grow their business in new or existing markets. Headquartered in Zurich, Switzerland, DKSH is deeply rooted in communities all across the Asia-Pacific region and generates annual net sales in excess of CHF 11 billion while employing approx. 33,100 people worldwide.
The NKF team was led by partners Philip Spoerlé (Finance) and Philippe Weber (Capital Markets), working with associate Selim Lötscher (Finance).