iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Larsen Toubro raises USD 107 mn sustainability-linked loan

7 Dec 2022 , 01:34 AM

Larsen amp; Toubronbsp;has successfully closed a three-year USD 107 million sustainability-linked loan from Sumitomo Mitsui Banking Corporation SMBC on 30 November 2022 with SMBC appointed as the sole Sustainability Coordinator and Lender This sustainability linked loan underscores Lamp;Ts continued commitment to its environmental social and governance ESG goals

The facility incorporates interest rate reductions linked to the achievement of two of Lamp;Ts predetermined sustainability targets the reduction of greenhouse gas emission intensity and water consumption intensity against the target levels These targets have been selected on the basis that they are relevant and material to the companys overarching sustainability position and strategy The loan fulfilled the core requirements under the Sustainability Linked Loan Principles and DNV Business Assurance Singaporehas provided Second Party Opinion on Lamp;Ts SLL

Related Tags

  • Announcements
  • BSE
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.