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The facility's ESG features will be finalised before the end of the year
Bulk of financing for sector is new money, rather than refinancing
Trade body for levfin investors turns to leading rating analyst
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New banks join borrowing base and term loan -
Executive has worked for the bank since 1998
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The company was divested by its Chinese parent in October 2024
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Sustainability-linked revolver refinanced two years early
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Risk shifted from lending banks to insurance companies
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Loan comes after the company prints debut $1bn hybrid bond last week
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