Thursday
March 9
2023

ANT Gets Asia’s Biggest ESG-Linked Loan in US $6.5 Billion Deal

ANT Group converted a syndicated credit facility into a US$6.5 billion sustainability-linked loan last year, the largest of its kind in Asia-Pacific.

The fintech company made the conversion in November to bolster its environmental, social and corporate governance goals including cutting carbon and hiring underprivileged workers, the company said in a statement on Monday (Mar 6).

Source: The Business Times (link opens in a new window)

Categories
Finance
Tags
ESG, fintech, governance, lending