3rd June 2025
2min

  • Keolis today announced the signing of a €700 million term loan facility with a five-year maturity, aimed at refinancing the €600 million syndicated term loan set up in December 2021. 

  • This facility, syndicated with 13 partner banks, strengthens the Group’s liquidity and extends its debt maturity while continuing to integrate sustainability criteria into its financial strategy. 

As with the previous facility arranged in December 2021, the margin on this loan is indexed to the achievement of non-financial targets related to climate, diversity, and health & safety. This structure reflects the Group’s commitment to align its financial performance with its environmental, social and societal commitments, and the continued confidence of its banking partners in the strength and trajectory of Keolis. 

« The successful conclusion of this transaction, involving 13 banking institutions, demonstrates the strength of Keolis’ financial profile and the trust our partners place in the resilience of our business model. This new credit facility enhances the Group’s liquidity and is fully in line with our long-term financing strategy, based on sound and sustainable financial management. » 

Christelle Villadary, Group Chief Financial Officer at Keolis, stated

Three ESG targets aligned with Keolis’ strategic priorities 

This new financing facility is based on three key non-financial performance indicators: 

  • Diversity: increasing the percentage of women in management roles, in line with the Group’s gender equality policy. 

  • Climate: reducing greenhouse gas emissions (Scopes 1, 2, and 3 – traction energy), in accordance with the pathway validated by the Science Based Targets initiative (SBTi) in September 2024. 

  • Health & Safety: lowering the frequency rate of lost-time workplace accidents through a proactive prevention policy, training programmes, and the reinforcement of its safety culture. 

This loan facility is part of a broader strategy to support the transformation of Keolis’ business model towards more inclusive, safer, and more sustainable mobility. It also confirms the Group’s ability to combine economic performance with a positive impact on local communities and stakeholders. 

Keolis was advised by the law firm White & Case in Paris. 

This new credit facility was arranged by: 

  • La Banque Postale, Crédit Industriel et Commercial, BNP Paribas, Société Générale, CaixaBank SA French Branch, ING Bank N.V. French Branch, Natixis and BRED Banque Populaire, as Mandated Lead Arrangers and Bookrunners; 

  • Crédit Agricole Corporate and Investment Bank and Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Île-de-France, as Mandated Lead Arrangers; 

  • HSBC Continental Europe, KBC Bank N.V. French Branch, and ANZ, as Lead Arrangers; 

  • BNP Paribas and Société Générale, as Sustainability Coordinators; 

  • La Banque Postale, as Coordinator and Documentation Agent; 

  • and Crédit Industriel et Commercial, as Agent. 

The lenders’ counsel was the law firm De Pardieu Brocas Maffei.