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IFC - International Finance Corporation (via Public) / IFC's Sustainability-Linked Financing to Boost Resilience of the Shipping Sector, Sustain Regional Trade Flow Amid COVID-19

06/30/2021 | Press release | Distributed by Public on 06/29/2021 20:13
IFCâs Sustainability-Linked Financing to Boost Resilience of the Shipping Sector, Sustain Regional Trade Flow Amid COVID-19
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Bangkok, Thailand, June 30, 2021-To support continued transportation of cement along the west coast of India and Sri Lanka, and other critical dry commodities globally, IFC has provided a sustainability-linked financing package of $85 million to Precious Shipping Public Company Limited (PSL), a Thai shipping company.
IFC s investment will help finance four specialized cement carriers and one bulk carrier owned and operated by wholly owned subsidiaries of PSL-a member of the GP Group, a 153-year-old diversified Thai conglomerate with business interests in shipping, pharmaceuticals, aviation, technology and others. ....

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Precious Shipping obtains $85 million sustainability-linked loan

Precious Shipping obtains $85 million sustainability-linked loan
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Precious Shipping Inks a Sustainability-Linked Loan of USD 85 million from International Finance Corporation, Export-Import Bank of Thailand and TMBThanachart Bank Public Company Limited

Precious Shipping Inks a Sustainability-Linked Loan of USD 85 million from International Finance Corporation, Export-Import Bank of Thailand and TMBThanachart Bank Public Company Limited
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Islamic Finance After COVID-19 | Global Finance Magazine

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Islamic finance took a hit in 2020 but is preparing for the next surge of growth through innovation, standardization, and M&A activity.
December 28, 2020
The Islamic finance industry slowed down significantly in 2020 after experiencing a very strong 13% growth rate in 2019. Islamic financial institutions spent most of the year coping with the dual shocks of adjusting to the COVID-19 pandemic and historically low oil prices. According to the latest
State of Global Islamic Economy report, total Islamic finance assets stood at $2.88 trillion by the end of 2020, matching last year s figures.
Fortunately there is light at the end of the tunnel. Growth is expected to bounce back and total ....

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CPF prepares to issue debentures in January 2021 Confident in next year

Charoen Pokphand Foods Public Company Limited (CPF), which operates integrated agro-industrial and food businesses in 17 countries worldwide under the vision to become the Kitchen of the World, prepares to issue and offer 5 series of debentures with ....

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