GLP nets $658m from sustainability-linked loan

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By Pan Yue
23 Feb 2021

GLP, a Singapore-headquartered logistics facilities operator, has raised a $658m sustainability-linked loan.

A total of 10 banks, led by ING, provided the three year revolving credit facility, according to a press release on Monday.

The loan’s interest rate is pegged to the company’s environmental, social and governance (ESG) risk rating from Sustainalytics, an ESG indices company.

The deal ...

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