Niederer Kraft Frey AG | View firm profile
Niederer Kraft Frey advised Australia and New Zealand Banking Group Limited, acting as sustainability coordinator and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch acting as agent,on DKSH’s conversion of an existing CHF 150 million revolving credit 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. This transaction represents DKSH’s second sustainability linkage of a credit facility in 2023.
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 partner Philip Spoerlé working with associate Selim Lötscher and junior associate Carlotta Ulmer (all M&A/Finance) and further comprised Markus Kronauer (Tax).