A $4.5 Billion Loan Marks Record ESG-Linked Deal for Asia
- Syngenta gets loan, which ties rates to sustainability targets
- Chinese firms have been doing numerous such loans in Hong Kong
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Agrochemicals company Syngenta Group (HK) Holdings Co. has completed Asia’s biggest-ever sustainability-linked loan, coming as the global market for such debt has slowed sharply this year.
The maker of genetically modified seeds has entered into a $4.5 billion 3-year syndicated loan, it said Thursday.