Majid Al Futtaim Raises $1.25 Bln Sustainability Linked Revolving Credit Facility
MAJID AL FUTTAIM HOLDING LLC [RIC:RIC:MAAFUM.UL]:
RAISES USD 1.25 BILLION EQUIVALENT SUSTAINABILITY LINKED REVOLVING CREDIT FACILITY
FAB LEADING THE TRANSACTION AS SUSTAINABILITY COORDINATOR AND AGENT
REVOLVING CREDIT FACILITY (RCF) LINKED TO THE COMPANY’S ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) RELATED TARGETS
SLL AIMS TO FACILITATE REDUCTION IN MAJID AL FUTTAIM’S CARBON FOOTPRINT
FACILITY IS STRUCTURED ON THE BASIS OF THREE KPIS WHICH WILL BE INDEPENDENTLY ASSESSED ON AN NNUAL BASIS