Allens advises on Australia's largest sustainability-linked loan
Date Time Allens advises on Australia’s largest sustainability-linked loan Allens has advised the lenders on the restructuring of ISPT Core Fund’s $2.8 billion bank facilities to align with sustainability-linked loan (SLL) principles. The facility is the largest SLL announced in Australia to date, and sees the Fund become the first Australian REIT to apply a SLL framework to all its bank facilities. Under the SLL, sustainability performance targets will apply to the Fund’s use of borrowed capital in alignment with ISPT’s ESG strategy. The existing lenders – ANZ, CBA, HSBC, NAB and W...
Source: miragenews.com