Landmark for direct lending as Ares strikes £1bn sustainability linked deal with RSK

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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Landmark for direct lending as Ares strikes £1bn sustainability linked deal with RSK

Silas Brown
August 11, 2021 10:30 AM
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US alternative asset manager Ares has provided UK environmental services firm RSK with £1bn, with its margins tied to sustainable targets. While this is not the first sustainability-linked loan in private credit, it is quite considerably the largest and may operate as a bellwether for future issuance.

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Topics

Leveraged LoansAsia leveraged/non-investment grade loansLevFin
SB
Silas Brown
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