In this edition of In the Know, we look at Environmental, Social and Governance (ESG) standards in Sustainability Linked Lending (in both loans and bonds). We address the ESG margin ratchet, how it interacts with ESG targets and testing strategies, and potential reinvestment obligations arising out of those interest savings, in each case, within the European leveraged finance market.
Connor's areas of practice include acquisition finance and general corporate banking. He acts on behalf of lenders and borrowers, corporates and private equity houses, advising on both bilateral and club lending transactions, for private equity backed acquisitions and management buy-outs. Connor has spent time on secondment at Investec Bank plc’s leveraged finance desk. Prior to joining Baker McKenzie, Connor worked at a leading Scottish law firm.