Thai Union dives into sustainability-linked loan market

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By Pan Yue
16 Feb 2021

Thai Union Group, a seafood producer, has raised its first sustainability-linked loan of Bt12bn ($401m)-equivalent from the Thai and Japanese markets.

Bank of Ayudhya, Mizuho and MUFG Bank were the mandated lead arrangers and bookrunners for the facility. They were also the sustainability co-ordinators.

The loan was split between a Bt6.5bn-equivalent tranche, which was denominated in Thai baht and dollars, as well as a $183m-equivalent Ninja loan denominated ...

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