Clifford Chance Advised Deutsche Bank And Legal & General On Sustainable Financing To The Republic Of Togo

Clifford Chance Advised Deutsche Bank and Legal & General on Sustainable Financing to the Republic of Togo

Clifford Chance advised Deutsche Bank and Legal & General as arrangers and lenders on a €200,000,000 sustainable loan financing to the Republic of Togo, backed by partial credit guarantee support from the African Development Fund, part of the African Development Bank Group.

This landmark financing marks the Republic of Togo's debut international commercial loan under its Sustainable Finance Framework. The proceeds from the loan will be allocated to green and social impact initiatives such as climate adaptation, biodiversity preservation, sustainable agriculture, access to clean energy, and pollution control.

The Clifford Chance team was led by Deborah Zandstra (Partner) and Simon Williams (Partner), supported by Azam Taiyeb (Senior Associate), Michael Obiri-Darko (Senior Associate), Domenico Cullura (Associate), and trainee solicitors Atharva Deshpande and Eve Thomson.

This transaction enhances Clifford Chance's strong track record in advising on sovereign and quasi-sovereign financings across Africa.

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