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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
IFC’s 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. ....

Krung Thep Mahanakhon , Sri Lanka , Vikram Kumar , Khalid Hashim , Tmbthanachart Bank Public Company , Thanachart Bank Pcl , Tgp Group , Abouttmbthanachart Bank Public Company , World Bank , Precious Shipping Public Company Limited , Bank Pcl , Sustainable Development Goals , Thanachart Bank Public Company , Managing Director , Infrastructureand Natural Resourcesin , Export Import Bank , Bank Public Company , World Bank Group Is , Import Bank , Maritime Financing , Bank Public Company Limited , ஸ்ரீ லங்கா , விக்ரம் குமார் , காலிட் ஹாஷிம் , ஜீபீ குழு , உலகம் வங்கி ,

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