International law firm Clifford Chance has advised its longstanding client MET Group on a €1.23 billion syndicated Multicurrency Secured Revolving Borrowing Base Facility. MET Group is one of the fastest growing European energy companies active in international natural gas, LNG and power markets.

This transaction builds on Clifford Chance’s market-leading experience in the trade and commodities finance sector and its longstanding relationship with MET Group.

The Borrowing Base Facility was structured and led by ING Bank N.V. as Coordinator, along with Natixis CIB and Société Générale as active Bookrunning Mandated Lead Arrangers, and was backed by a syndicate of 12 additional international banks.

The cross-border Clifford Chance team was led out of Amsterdam by Jackie Jones and further consisted of Lewis Whyte (Finance) in Amsterdam, Florian Mahler, Isabel Bremen and Marius Fritz (Finance) in Düsseldorf, Daniel Badea, Andreea Sisman, Nicolae Grasu and Dana Mirea (Finance) in Bucharest, Milos Felgr, Stanislav Holec, David Herich and Lukas Ljubovic (Finance and Corporate) in Prague and Michael Lyons and Nadege Huart (Regulatory) in London.