Wells Fargo originates $750 million “Green Loan” and amends $900 million revolving credit facility for private real estate investment fund
Client(s) Wells Fargo Bank, National Association and Wells Fargo Securities LLC
Jones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities LLC, as syndication agent, in connection with an unsecured term loan facility in the aggregate amount of $750 million to a real estate investment fund. The term loan facility was comprised of two tranches, one of which was a “Green” loan to be used consistent with Green Loan Principles and for qualifying Green projects. Jones Day also represented Wells Fargo Bank, as administrative agent, in connection with an amendment to the fund’s $900 million revolving credit facility.