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Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

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Trade Finance facility

Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

July 19, 2023 by Asia Food Journal

trade finance facility

Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok. This facility will support Indorama Ventures’ working capital, linking the applicable margin that ratchets to the company’s well-established sustainability targets, which include greenhouse … [Read more...] about Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

Other Topics: Indora, Indorama Ventures, Packaging, Sumitomo Mitsui Banking Corporation, sustainability, sustainable packaging, Trade Finance facility

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