For Alberto Bezzi, senior banker in Crédit Agricole’s corporate and investment banking team based in Milan, working with Prada on its recent sustainability linked loan (SLL) made perfect sense.
“The luxury fashion industry is a leader in terms of the sustainability agenda,” he says.
“Given the brand’s focus and our expertise in this area, we believe that working together on the sustainability linked loan was a natural next step for the both of us.”
In addition to arranging the deal, Crédit Agricole also acted as sustainability coordinator, sustainability adviser and facility agent, and Crédit Agricole Italia acted as the lender.
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