Meet your ESG goals for pricing cuts
Banks are now offering infrastructure corporates pricing discounts if they meet their sustainability targets. Are the targets meaningful, and is there any reason why project finance borrowers cannot do the same? Ian Cogswell and Michael Whalen discuss whether ESG-linked loan documentation will bed down in the market.
Related from Proximo:
RAPID: Putting G for gravy train and E for empty into ESG. A borrower that enjoyed strong ECA support despite ESG concerns
Green Loan Principles amended. Changes to the emerging standard for ESG-linked loans