L&T raises $107 mn sustainability-linked loan from SMBC
The facility incorporates interest rate reductions linked to the achievement of two of L&T’s predetermined sustainability targets – the reduction of greenhouse gas emission intensity and water consumption intensity against the target levels.
New Delhi: Engineering and construction conglomerate Larsen & Toubro (L&T) on Thursday said it has successfully closed a three-year $107 million sustainability-linked loan from Sumitomo Mitsui Banking Corporation (SMBC) on 30 November.
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