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We are looking for people who aim to go further and face the future with confidence.
PLMJ and Clifford Chance advised REN – Redes Energéticas Nacionais (REN) and REN Finance on the initial issuance by REN Finance B.V. of €300 million worth of European green bonds, bearing an interest rate of 3.375%.
The eight-year bonds are in line with the Green Finance Framework of REN – Redes Energéticas Nacionais, S.G.P.S., S.A. and form part of REN's long-term sustainable financing strategy.
Raquel Azevedo, a partner in the Banking and Finance and Capital Markets areas, led the transaction, handling all Portuguese law matters, with the support of Kathleen Hoffmann Barley, of counsel, and associate Teresa Proença Varão.
The Clifford Chance team advising on the transaction was led by Capital Markets partner Antonio Henriquez and senior associate Anna Buscaglia, together with the team at Clifford Chance in the Netherlands, led by Dewi Walian.