More APAC Firms Tap Loans That Link Rates to Sustainable Goals
More APAC Firms Tap Loans Linking Rates to Sustainable Goals Bloomberg 12/24/2020 Anurag Joshi and Apple Lam (Bloomberg) -- A growing number of borrowers in Asia Pacific are getting loans whose interest rates are linked to meeting sustainability goals, in one of the few bright spots for a corporate lending market depressed by the pandemic. The market for so-called sustainability-linked loans in Asia Pacific excluding Japan took off in 2017, and borrowers have steadily increased since then: 18 firms signed a total of $7.4 billion of such debt so far in 2020, compared with 16 ...