Increase Confirmation
Exhibit 4.25
To: | THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, SINGAPORE BRANCH, as Facility Agent |
From: | CADELER A/S, as Borrower |
Dated: 9 February 2024
Dear Sirs
Cadeler A/S - Facility Agreement dated 15 November 2023 (the Facility Agreement)
1 | We refer to the Facility Agreement. This agreement (the Agreement) shall take effect as an Increase Confirmation for the purpose of the Facility Agreement. Terms defined in the Facility Agreement have the same meaning in this Agreement unless given a different meaning in this Agreement. |
2 | We refer to Clause 2.2 (Increase) of the Facility Agreement. |
3 | The Increase Lender agrees to assume and will assume all of the obligations corresponding to €30,000,000 (the Increase Commitment) as if it was an Original Lender under the Facility Agreement. |
4 | The proposed date on which the increase in relation to the Increase Lender is to take effect (the Increase Effective Date) is 19 February 2024 or the date of confirmation of this Agreement by the Facility Agent, whichever is later. |
5 | On the Increase Effective Date, the Increase Lender becomes party to the relevant Finance Documents as a Lender. |
6 | The Increase Lender hereby appoints the Facility Agent to act as its agent under and in connection with the Finance Documents in accordance with Clause 28 (Roles of Facility Agent, Mandated Lead Arranger and Green Loan Co-ordinator) of the Agreement. |
7 | The administrative details of the Increase Lender for the purposes of this Agreement are set out below: |
a. | Exact legal name of our institution for booking purposes (spelled in full specifying all capitalization and punctuation): |
Legal Name: HSBC GTIDF HOLDCO S.À X.X.
Address: 0, xxx Xxxxxxxxxxxx, X-0000 Xxxxxx, Xxxxx Xxxxx xx Xxxxxxxxxx
Telephone number: x00 000 0000000
Group email address: xxxxxxxxxxxx@xxxx.xxx
b. | Persons to contact for documentation (together with address, telephone number, facsimile number and email address). |
Name: | Xxxxxxxxx Xxxxxx / Xxxxxx Xx |
Address: | 00/X, XXXX Main Building, 0 Xxxxx’x Xxxx Xxxxxxx, Xxxxxxx, Xxxx Xxxx |
Telephone Number: | x000 0000 0000 / x000 0000 0000 |
Fax Number: | n/a |
RESTRICTED
Email address: | xxxxxxxxxxxxxxx@xxxx.xxx.xx / xxxxxx.x.x.xx@xxxx.xxx.xx |
c. | Persons to contact after signing (together with address, telephone number, facsimile number and email address). |
Credit Matters | |
Name: | Infra Debt Investment Team |
Address: | 0 Xxxxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxx, X00 0XX |
Telephone Number: | N/a |
Fax Number: | N/a |
Email address: | xxxxxxxxx.xxxxxxxxxxxx@xxxx.xxx |
Loan Administration | |
Name: | Infra Debt ops |
Telephone Number: | x00 000 0000000 |
Fax Number: | N/a |
Email address: | xxxxxxxxxxxx@xxxx.xxx xxx.xxx.xxxx@xx.xxxx.xxx 00000000000@xxx.xxxxxxx.xxx |
d. | Details of EUR account for receipt of interest/fee payments in respect of our commitment (as applicable). |
EUR Payment Details | |
Beneficiary Bank: | HSBC Continental Europe |
Swift No.: | XXXXXXXX |
Country Payable: | France |
Beneficiary Details: | |
A/C No.: | XXXXXXXXXXXXXXXXXXXXXXXXXXX |
Payment Reference | |
8 | The Increase Lender expressly acknowledges the limitations on the Lenders' obligations referred to in Clause 2.2 (Increase). |
9 | This Agreement may be executed in any number of counterparts and this has the same effect as if the signatures on the counterparts were on a single copy of this Agreement. |
10 | This Agreement and any non-contractual obligations arising out of or in connection with it are governed by English law. |
/s/ Xxxxx Xxxxxxxx Xxxxxx
Xxxxxxx A/S, as Borrower
RESTRICTED
/s/ Xxxxx Xxxxxxx
HSBC GTIDF HOLDCO S.À X.X. (by its duly appointed attorney, HSBC Global Asset Management (UK) Limited Portfolio Management Agreement dated 15 December 2023)
Authorised Signatory
Name: Xxxxx Xxxxxxx
Title: Head of Investment Grade and Transition Investment, Infrastructure Debt
This Increase Confirmation is executed by the Facility Agent and the Increase Effective Date is confirmed as of 19 February 2024.
/s/ Xxxxx Xxxxxx Xxxx Xxxxx
Xxxxx Xxxxxx Xxxx Xxxxx
Client Services Manager
Issuer Services
For and on behalf of
The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch
RESTRICTED
