million Senior Secured Term Loan for 6 Very Large Ethane Carriers has been awarded the
Sustainability-Linked Deal of the Year for
The 11-year sustainability-linked non-recourse term loan is MISC's debut sustainability-linked
loan (SLL).
other lenders to develop the SLL structure that included environmental and governance key
performance indicators that aligned with MISC's long-term strategy and sustainability goals.
Captain
Money for the recognition given to our sustainability-linked deal. This achievement is made
possible by the collective effort of our team, together with the trust and support of our lenders.
Financial institutions and the shipping industry must continue to work together to foster a
purposeful and responsible transition. We hope that this partnership continues as we accelerate
our decarbonisation efforts and transition into cleaner solutions in a responsible manner.'
responsible practices in the maritime industry through its ongoing investments in cleaner
technologies, emissions reduction, and community engagement.
END -
About
The Group's modern and diverse fleet consists of more than 100 owned and in-chartered vessels
comprising of
We are a proud constituent of the DJSI Emerging Markets Index and FTSE4Good Bursa Malaysia Index, a testament to our sustainability performance and strong Environmental, Social and Governance (ESG) practices.
For more information, visit www.misc.com.my
Issued by the
inquiries, please contact:
Head, Group Corp. Communications
Tel : +603-2275 2224
Email : shanni.muthiah@miscbhd.com
or
Maisara Noor Ahmad
Head,
Tel : +603-2275 3496
Email : maisara.noorahmad@miscbhd.com
(C) 2023 Electronic News Publishing, source