Brief: Wilmar International Says Bank of East Asia Closes $100 Mln Sustainability-Linked Loan

The Bank of East Asia

19/03/2024 11:08

March 19 (Reuters) - Wilmar International Ltd  WLIL.SI :
    * BEA CLOSES A SECOND US$100 MILLION SUSTAINABILITY-LINKED
LOAN
WITH WILMAR
    * BANK OF EAST ASIA, AND WILMAR ENTERED INTO AN AGREEMENT
FOR A
TWO-YEAR US$100 MILLION SUSTAINABILITY-LINKED LOAN
    * INTEREST MARGIN UNDER FACILITY WILL BE REDUCED ON A TIERED
BASIS
    * INTEREST MARGIN UNDER LOAN TO BE CUT ON TIERED BASIS IF CO
ACHIEVES CERTAIN PRE-DETERMINED SUSTAINABILITY PERFORMANCE
TARGETS

Further company coverage:  WLIL.SI 

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