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LMA to guide banks on how to avoid greenwashing in sustainable loans

Gas flaring carbon methane Adobe 13Nov19 230x150

The loan market’s trade bodies are preparing to give new guidance about how to ensure sustainability-linked loans — in which borrowers can get a margin reduction if they hit sustainability targets — are genuinely “ambitious”. Bankers want to protect the market from rising concerns that some deals’ terms are too easy on the borrowers.

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