Drax refis M&A bridge debt with far cheaper SLL

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Drax refis M&A bridge debt with far cheaper SLL

Hannah Buttle, 
Mike Turner
July 13, 2021 04:00 pm
Drax biofuel bioenergy wood pellets from Alamy 21Apr21 575x375
2CBN38B aerial view of Drax power station's biomass plant for burning wood pellets and not coal | Alamy Stock Photo

Drax, the UK-based power company, has refinanced an M&A bridge facility with a sustainability-linked loan, as ESG finance inches closer to M&A deals.

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Green and Social BondsSyndicated LoansInvestment Grade LoansSRI
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Hannah Buttle
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Mike Turner
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