SINGAPORE (March 19): The Bank of East Asia (BEA) and Wilmar International Ltd have entered into an agreement for a two-year US$100 million sustainability-linked loan, the second between BEA and Wilmar.
The interest margin under the facility will be reduced on a tiered basis if Wilmar achieves certain pre-determined sustainability performance targets that cover a comprehensive range of environmental, social and governance (ESG) metrics.
These targets include Wilmar’s internal key performance indicators, as well as...(click on link for full story on theedgesingapore.com)