(February 23 09:45) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Paul Howell
Case Study:
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ING acted as coordinator and GLP’s ESG advisor for the deal.
Global investment manager GLP has secured $868.9m (US$658m), its first sustainability-linked loan (SLL) and the largest in the Asia Pacific.
The three-year revolving credit facility was structured as an SLL tied to GLP’s latest Sustainalytics Environmental, Social and Governance (ESG) Risk Rating. Under the facility, GLP is committed to improving its ESG Risk Rating score which reflects its performance in various ESG metrics.
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