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White & Case Advises Oatly on Sustainability-linked Financing

Global law firm White & Case LLP has advised Oatly on its SEK 1.925 billion sustainability-linked financing provided by a club consisting of several banks and other credit providers.

The financing is framed by sustainability targets, pursuant to which Oatly commits to lowering water and energy consumption, increase electric transportation and measure avoided carbon emissions. Oatly is a Sweden-based producer of plant-based, dairy-free food products.

The White & Case team which advised on the transaction was led by partners Oscar Liljeson and Shoan Panahi (both Stockholm) and included partners Gregory Owens, Raymond Simon (both New York) and Martin Forbes (London), local partner Matthias Grigoleit (Hamburg), counsel Sara Nordin (Brussels) and Heidi Schmid (New York), and associates Jonas Johansson, Alexander Berlin-Jarhamn, Kajsa Sundklev, Josephine Martinsson (all Stockholm), Eva Yu (Hong Kong), Janam Nagra (London), Min Pang, Kyle Ezzedine (both New York) and Martin Riederer (Hamburg)

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