Hong Kong-headquartered alternative investment firm, PAG, announced this month the establishment of an inaugural sustainability-linked credit facility to support the funds managed within its private debt strategy.
While the exact terms of the facility including its size, tenor and incentivised margins remain confidential, the Australia and New Zealand Banking Group ANZ team described it as “the largest sustainability-linked facility for a private credit fund in Asia Pacific.
The bank acted as joint sustainability coordinator JSC, alongside Mitsubishi UFJ Financial Group MUFG, National Australia Bank NAB, Société Générale Group SocGen and United Overseas Bank UOB.
A key feature...
¬ Haymarket Media Limited. All rights reserved.
