PAG secures largest ever sustainability-linked credit facility
The landmark sustainability-linked facility caters to heightened interest in ESG investment opportunities across Asia's private sector.
FrankLin
The landmark sustainability-linked facility caters to heightened interest in ESG investment opportunities across Asia's private sector.
July 25, 2023
Hong Kong-headquartered alternative investment firm, PAG, announced this month the establishment of an inaugural sustainability-linked credit facility to support the funds managed within its private debt strategy.
While the exact terms of the facility including its size, tenor and incentivised margins remain confidential, the Australia and New Zealand Banking Group ANZ team described it as “the largest sustainability-linked facility for a private credit fund in Asia Pacific.
The bank acted as joint sustainability coordinator JSC, alongside Mitsubishi UFJ Financial Group MUFG, National Australia Bank NAB, Société Générale Group SocGen and United Overseas Bank UOB.
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