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NYK pens $840M worth of sustainability loans Japanese shipping major NYK has signed two sustainability-linked loan (SLL) agreements worth $840 million. The first loan, secured with Sumitomo Mitsui Banking Corporation is worth $600 million, will take the form of a revolving credit facility. The second loan, worth $240 million, has been obtained through a syndicate of several banks including Iyo Bank, Bank of Saga, Shikoku Bank, Nomura Trust and Banking Co., Hachijuni Bank and MUFG Bank. “The objective of the SLL is to promote and support environmentally and socially beneficial economic activities by linking corporate loan terms with a customer’s performance against mutually agreed sustainability performance targets (SPTs) consistent with a customer’s ESG strategy,” NYK said.

Sumitomo mitsui banking corporationShiga bankBanking coKiyo bankShikoku bankHachijuni bankNomura trustஸூமிடோமொ மிட்ஸ்யூயீ வங்கி நிறுவனம்ஷிகா வங்கிவங்கி இணைஇயோ வங்கிஷிகோகு வங்கிநொமுர நம்பிக்கை