ING has acted as joint sustainability coordinator together with Santander in the largest sustainability-linked revolving credit facility (RCF) ever issued.
The $10.1 billion RCF for Belgian-based multinational drinks and brewing company Anheuser-Busch InBev (AB InBev) is provided by a consortium of 26 leading global financial institutions.
In addition to being the largest sustainability-linked loan (SLL) ever, it is also the first for a publicly listed company in the alcohol and beverage sector. The milestone facility has a five-year term and includes a pricing mechanism that incentivises improvement in four key performance areas that are aligned with AB InBev’s sustainability goals:
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