Green loans sprout as Philips joins Unibail

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Green loans sprout as Philips joins Unibail

Philips horrid pic from PA 230x150
Robert Schlesinger

Hard on the heels of Unibail-Rodamco’s ground-breaking green loan, believed to be the first large corporate financing to give the borrower a pricing benefit if it hits sustainability targets, Koninklijke Philips, the Dutch health technology group, has signed a similar €1bn loan linked to its sustainability rating, writes Jon Hay.

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