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Banks draw ire as sustainability-linked loan given with zero KPIs

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By Mike Turner
03 Jun 2021

The ESG capital markets were left reeling on Thursday after a group of banks provided a £1.1bn-equivalent sustainability-linked facility that does not have any key performance indicators included — on the agreement that the borrower will add them within 12 months. Mike Turner reports.

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By Mike Turner
03 Jun 2021