Pacific Basin Secures $250 Million Sustainability-Linked Credit Facility with Major Financial Institutions

Reuters
2025/07/14
<a href="https://laohu8.com/S/02343">Pacific Basin</a> Secures $250 Million Sustainability-Linked Credit Facility with Major Financial Institutions

Pacific Basin Shipping Limited has successfully closed a new US$250 million Sustainability-Linked 7-Year Secured Revolving Credit Facility. The agreement involves BNP Paribas, Citigroup Global Markets Asia Limited, and The Hongkong and Shanghai Banking Corporation Limited as Joint Coordinating Mandated Lead Arrangers, among others. The facility is intended for general corporate purposes and features a tiered pricing mechanism linked to sustainability performance targets, focusing on carbon intensity and crew safety. Moody's Investors Service provided a favorable second party opinion on the relevance and robustness of these sustainability targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Basin Shipping Limited published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.

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