Louis Dreyfus adds sustainability to US loan, others to follow

Louis Dreyfus commodities from Alamy 230x150
By Mike Turner
30 May 2019

Louis Dreyfus Co, the Dutch-based agricultural commodities trader, has renewed its $750m North American bank credit line, and become the latest company to add a sustainability-linked element to its revolving credit facility.

The pricing on the three year revolver will be tied to how much Louis Dreyfus Co reduces its carbon dioxide emissions, electricity and water usage and solid waste sent to landfill. The loan margin can be reduced if Louis Dreyfus improves on these metrics in annual testing. 

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