Latham & Watkins LLP has advised Germany´s BayWa AG on a syndicated credit financing of €1.7 billion The facilities agreement is the first in the company's history linked to an ESG rating issued by the rating agency MSCI ESG Research. MSCI ESG Research has awarded the BayWa Group an "AA" rating. The syndicated facilities agreement is linked to environmental, social and corporate governance criteria (ESG) and comes with a three-year term offering two extension options of one year each. The syndicated facilities agreement was coordinated by DZ BANK AG, Landesbank Baden-Württemberg and UniCredit Bank AG as bookrunners. BayWa, based in Munich, is a globally active group with the core segments of, energy, agriculture, and building materials, as well as the development segment innovation & digitalisa-tion.