CMS advises lenders on EUR 740m ESG-linked facility for MOL Group
CMS Hungary has advised a syndicate of banks on a EUR 740m ESG KPI-linked multicurrency revolving credit facility agreement provided to MOL Group, a leading international integrated oil and gas company headquartered in Hungary.
The facility was structured as a club deal with 12 banking groups. Erste Group Bank AG and OTP Bank acted as coordinators, with Erste Group Bank AG taking the role of Facility Agent and BNP Paribas serving as Sustainability Coordinator.
CMS has regularly acted as transaction counsel on MOL Group’s annual financing transactions since 2016.
The CMS team was led by Eszter Török with assistance from Balázs Bibók (Finance).