WSP Global gets $1.2 billion four-year sustainability-linked revolver

By Sarah Lizee

Olympia, Wash., Feb. 4 – WSP Global Inc. closed a $1.2 billion four-year syndicated revolving credit facility with sustainability-linked pricing, according to a press release.

BNP Paribas is the sustainability coordinator for the revolver, which is tied to three sustainability performance targets, including a reduction in market-based greenhouse emissions across the company’s global operations from 2018 to 2021, increased percentage of revenues from services having a positive impact on environment by the end of 2021, and an increase in the percentage of management positions held by women by the end of 2021.

Canadian Imperial Bank of Commerce, National Bank Financial and BMO Capital Markets are joint bookrunners and co-lead arrangers.

WSP Global is a Montreal-based provider of engineering and design services to clients in the transportation & infrastructure, property & buildings, environment, power & energy, resources and industry sectors.

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