Jan De Nul subsidiary turns bank facility green

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By Mike Turner
10 Jul 2019

Dredging and Maritime Management, a Luxembourg-based company, is the latest borrower to have refinanced its bank debt with green financing, having agreed a €550m deal with lenders.

The loan is made up of a revolving credit facility and a green loan that is compliant with the Green Loan Principles.

This means that, unlike the more general sustainability-linked financing that is popular among borrowers, Dredging and Maritime Management can use the financing for eligible green assets only.

The ...

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