Pacific Basin closes sustainability-linked loan

Pacific Basin Shipping Limited, a Hong Kong-listed player in dry bulk shipping, has concluded its $150 million sustainability-linked 3-year senior unsecured committed revolving credit facility. This signifies Pacific Basin’s first foray into sustainability-linked loan facilities, the company said, adding that it would use the loan for general corporate purposes. “This facility enhances our financial capacity, … Continue reading Pacific Basin closes sustainability-linked loan