Royal Schiphol Group N.V. successfully signs EUR 400 million Sustainable Revolving Credit Facility

Schiphol Group is pleased to announce that it has closed a EUR 400 million sustainability linked Revolving Credit Facility with ABN AMRO, BNP Paribas, ING, NatWest, Rabobank, SMBC as bookrunning mandated lead arrangers. ING acted as Coordinator and Sustainability Coordinator.

The stand-by facility refinances Schiphol’s existing EUR 300 million Revolving Credit Facility. The facility has a tenor of 5 years with two 1-year extension options.

The margin of the facility is partly linked to the performance on five ESG related Key Performance Indicators (KPIs). The included KPI component reflects Schiphol’s ongoing commitment towards its sustainability strategy by further integrating it in its finance function.

It also shows the alignment of our banking group with Schiphol Group’s ambition to create the world’s most sustainable, high quality airports.