Syngenta Group (HK) Holdings Company Limited concludes USD 4,500 million syndicated three-year sustainability-linked term loan facility
Hong Kong, China
May 5, 2022
On 26 April 2022, Syngenta Group (HK) Holdings Company Limited (“Borrower”) has entered into USD 4,500 million syndicated three-year sustainability-linked term loan facility with a syndicate of banks from various jurisdictions led by the Agricultural Bank of China Limited Hong Kong Branch, Bank of China (Hong Kong) Limited, China Construction Bank Corporation, Hong Kong Branch and Crédit Agricole Corporate and Investment Bank. The initial size of this transaction was oversubscribed several times.
As a sustainability-linked term loan, it is the largest of its kind in the Asia Pacific loan market and has been the largest executed term loan facility in the Greater China loan market since the beginning of 2022 (according to Refinitiv).
Syngenta Group’s global credit ratings are “A” from Fitch, “Baa1” from Moody’s and “BBB+” from S&P.
More news from: Syngenta Group Co. Ltd.
Website: http://www.syngenta.com Published: May 5, 2022 |
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