Cadeler Strengthens Balance Sheet with Additional Unsecured Green Corporate Loan Facility

Key Terms

term loan facility financial

A term loan facility is a type of loan provided by a lender that is repaid over a set period of time, usually with fixed payments. It functions like a large, upfront loan that a borrower agrees to pay back gradually, often used to fund major investments or projects. For investors, understanding a company's use of such loans helps assess its financial stability and risk level.

accordion option financial

An accordion option is a contractual right built into a financing agreement that lets a company expand the number or size of securities it can issue — for example adding more shares or increasing a loan facility — without a separate, lengthy approval process. Think of it like an accordion instrument that can stretch when needed; for investors it matters because exercising the option can change the supply of securities, dilute existing ownership, and alter future fundraising and control dynamics.

mandated lead arrangers financial

Mandated lead arrangers are banks or financial firms chosen to organize and put together a large loan from multiple lenders, acting like a project manager who lines up participants, negotiates terms and often takes a big portion of the loan themselves. For investors, they matter because their reputation, pricing and commitment affect whether the loan gets funded, how costly it is for the borrower, and how credit risk and fees are distributed among lenders — a signal of market confidence and deal quality.

green loan coordinator financial

A green loan coordinator is the designated party—often a bank or adviser—who organizes and oversees a green loan to ensure the loan money funds environmentally beneficial projects and that the deal meets agreed sustainability standards. Like a project manager who keeps a construction job on schedule and following rules, the coordinator tracks how the money is spent, collects evidence and regular reports, and helps prevent greenwashing, which protects investor confidence and can affect credit and reputational risk.

COPENHAGEN, Denmark--(BUSINESS WIRE)-- Cadeler A/S (“Cadeler”) today announces that it has further strengthened its financial position with the addition of a second unsecured green corporate term loan facility (the “Green Corporate Loan Facility”), in the aggregate amount of EUR 60 million with a non-committed accordion option of up to EUR 80 million.

The Green Corporate Loan Facility, with a tenor of up to five years, was arranged and coordinated by The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (“HSBC”) and Clifford Capital Holdings Pte. Ltd. (“Clifford Capital”) as Mandated Lead Arrangers, with HSBC as Green Loan Coordinator and Facility Agent, and both HSBC and Clifford Capital as lenders.

The facility will be used for general corporate purposes, enhancing Cadeler’s balance sheet and its financial flexibility. With this financing in place, Cadeler strengthens its capacity to navigate current market dynamics and opportunities, support its strategic priorities, and maintain its financial resilience, underpinning its commitment to sustainable growth and its ability to execute the largest and most complex offshore wind installation projects.

About Cadeler:

Cadeler A/S (Cadeler) is a global leader in offshore wind installation, operations, and maintenance services. Cadeler is a pure play company, operating solely in the offshore wind industry with an uncompromising focus on safety and the environment. Cadeler owns and operates the industry’s largest fleet of jack-up offshore wind installation vessels and has for more than a decade been a key supplier in the development of offshore wind energy to power millions of households. Cadeler’s fleet, expertise and capacity to handle the largest and most complex next-generation offshore wind installation projects positions the company to deliver exceptional services to the industry. Cadeler is committed to being at the forefront of sustainable wind farm installation and to enabling the global energy transition towards a future built on renewable energy. Cadeler is listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange (ticker: CADLR). For more information, please visit www.cadeler.com

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Cadeler Press Office

press@cadeler.com

+45 2830 6905



Mikkel Gleerup

CEO, Cadeler

+45 3246 3102

mikkel.gleerup@cadeler.com



Alexander Simmonds

EVP & CLO, Cadeler

+44 7376 174172

alexander.simmonds@cadeler.com

Source: Cadeler A/S