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Trip.com Group Taps $1.5 Billion Loan Tied to Green Targets
Trip.com Group said on Friday it had tapped a $1.5 billion sustainability-linked loan facility, meaning that the financing terms link the debt's interest rates to the Chinese online travel giant's performance against specific environmental targets. The Shanghai-based company will use three-year dual-tranche term loan facility to refinance some of its debt, and the rest for…
Sean O'Neill | 1 year ago