April 18, 2024
Gender equity key focus area of Blumar’s USD 260 million sustainability-linked loan
4 Min
Santiago, Chile-based fishing and salmon-farming firm Blumar has signed a USD 260 million (EUR 244 million) sustainability-linked loan.
The syndicated loan – led by Rabobank and with the participation of banks DNB, Santander, and BCI – establishes sustainability goals for 2030 along four main pillars. Blumar will benefit from lower interest rates as long as it complies with the objectives of the pillars, but will have to pay penalties if it fails to meet those goals.
The first focus area is in…
Become a Premium member to unlock the rest of this article.
