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Showing 21 - 30 of 31 results for %22SLL%22

NAB launches sustainability-linked derivatives

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... linked revolving credit facility in 2021. The credit facility is partially hedged by an SLD provided by NAB. The unsecured SLL and Linked Loan and the sustainability-linked Swap incentivise improved sustainability performance across five material areas ...

NSW Land Registry Services in $300m sustainability linked loan

RACHEL ALEMBAKIS  |  FRIDAY, 27 AUG 2021  |  NEWS
NSW Land Registry Services has secured a $300 million Sustainability Linked Loan (SLL) pegged to the development of a Reconciliation Action Plan and other ESG metrics. Additional sustainability metrics focus on greenhouse gas emissions reduction, gender ...

Supermarket giant inks $1.3bn sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
One of Australia's supermarket majors has established $1.3 billion in sustainability linked loans (SLL). Coles Group announced they had replaced its $1.3 billion bilateral debt facilities with four-year SLLs. The SLL "draws a direct line between our ...

Bank launches sustainability-linked derivatives

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
... Australian banks has launched sustainability-linked derivative products, building on its existing sustainability-linked loans (SLL) and sustainability-linked bond (SLB) processes. ANZ's sustainability-linked derivatives (SLDs) will initially be sold ...

Agriculture business signs first sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
A big four bank has inked the first sustainability linked loan (SLL) for Australia's agriculture industry. Commonwealth Bank has signed an SLL with premium Queensland producer Stockyard Group for an undisclosed sum. The three-year loan has set targets ...

ASX company signs $1.5bn sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUN 2021  |  NEWS
... linked finance with a $1.5 billion sustainability linked loan. Ramsay Health Care has inked the first and largest syndicated SLL by a healthcare provider in Asia Pacific. The $1.5 billion loan facility is the largest syndicated SLL by an Australian corporate ...

$515 million sustainability loan anchors seaport refinance

RACHEL ALEMBAKIS  |  THURSDAY, 20 MAY 2021  |  NEWS
... long-term environmentally and socially responsible outcomes. The arrangement includes $515 million in sustainability-linked loans (SLL) that incentivises Port of Newcastle by offering a lower margin on debt if it hits targets across a range of social ...

Investors identify positive impact through multiple finance strategies

RACHEL ALEMBAKIS  |  MONDAY, 10 MAY 2021  |  NEWS
... Alison Chan, director, sustainable finance at National Australia Bank, pointed to the growing sustainability linked loan (SLL) sector as an indicator of where "the rubber meets the road." "SLLs find ways to not only make it easier to be good but to be ...

Property fund inks multi-billion dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
Australia's largest sustainability linked loan (SLL) has been inked, providing nearly $3 billion in finance linked to ESG improvements across a diversified property portfolio. Industry Super Property Trust (ISPT) has completed the SLL transaction ...

Westpac inks $350 million sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Westpac has structured a $350 million sustainability-linked loan (SLL) that ties the interest rate to how a company performs on social issues that are material to the company's performance. The three year loan to G8 Education, Australia's largest ...