Latham & Watkins Advises Carlyle on ESG-linked Credit Facility

Global investment firm Carlyle announced it has secured a €2.3 billion ESG-linked credit facility for its European private equity and real estate platform, to support the firm’s 30% board diversity target, and to address climate change and achieve better ESG outcomes through training. The new facility represents the next step in Carlyle’s ongoing commitment in Europe to drive further positive ESG change.

Latham & Watkins LLP represents Carlyle in the transaction with a finance team led by Washington, D.C. partners Ben Berman and Manu Gayatrinath with associates Donald Cooley, Dalton Downing, and Jake Goodman. Advice was also provided on UK law matters by London partner Charles Armstrong with associates Medha Vikram and Francesca Forzoni; and on German law matters by Frankfurt partner Ralph Dräger.