Syngenta Seeks $3 Billion ESG Loan, Asia's Biggest This Year [Yahoo! Finance]
BANK OF CHINA UNSP/ADR (BACHY)
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Source: Yahoo! Finance
Most Read from Bloomberg The Sinochem-owned company has mandated Agriculture Bank of China Ltd., Bank of China Ltd., China Construction Bank Corp., Credit Agricole Corporate & Investment Bank SA, Industrial & Commercial Bank of China Ltd. and DBS Bank Ltd. on the loan, said the people, asking not to be identified as the matter is not public. The borrowing is split into three- and five-year tranches, the people added. Sustainability-linked loans are making a comeback in Asia after volumes dropped last year. Companies in the region keen to boost its decarbonization efforts have raised $46 billion-equivalent of such facilities so far this year, a 28% jump from the same period in 2023, Bloomberg-compiled data shows. Calls to a Singapore-based media representative for Syngenta went unanswered and the company didn't immediately respond to an email seeking comment. Proceeds raised will partially refinance a $4.5 billion three-year sustainability-linked loan from 2022, the people sai
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