The integration of sustainability principles underlines Mercedes-Benz’s commitment to continuously improve its sustainability strategy. The Key Performance Indicators (KPIs) selected on the basis of the Mercedes-Benz materiality analysis focus directly on the contribution of Mercedes-Benz to reducing its CO2 footprint.
The transaction was structured by SEB and LBBW as sustainability coordinators. Legal advice on the syndicated facilities was coordinated by the responsible Mercedes-Benz in-house legal team (Patrick Schwarz, Mercedes-Benz Group AG, Legal Corporate Finance, Stuttgart). The team of Allen & Overy was led by counsel Dr. Ilja Baudisch (Banking & Finance, Munich); local law advice was provided by lawyers from the New York office of Allen & Overy and lawyers from Canada.