Gunvor goes green with new loan

RWE trading
By Mike Turner
23 Oct 2018

Switzerland’s Gunvor has signed a $745m green loan, with the commodities trading company saying it is the first of its kind for the sector.

The loan will cost the company a lower margin if it manages to hit annual targets related to the environment, governance and transparency. The facility will become more expensive for Gunvor if the company “severely underperforms” on its targets, the borrower said.

The facility is due to be a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.