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Wilmar secures US$100 mil sustainability-linked loan from Maybank

Felicia Tan
Felicia Tan • 2 min read
Wilmar secures US$100 mil sustainability-linked loan from Maybank
The loan means that Wilmar will enjoy a reduced interest rate on a tiered basis if the group achieves a set of pre-determined ESG metrics. Photo: Bloomberg
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Wilmar International has secured a US$100 million ($135.7 million) sustainability-linke dloan from Maybank.

The loan means that Wilmar will enjoy a reduced interest rate on a tiered basis if the group achieves a set of pre-determined environmental, social and governance (ESG) metrics.

The targets include Wilmar’s internal key performance indicators as well as external benchmarking standards including the continued inclusion in the e Dow Jones Sustainability Indices (DJSI) World Index.

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