NL: Royal FloraHolland takes out first sustainability linked loan
Royal FloraHolland has take out its first Sustainability Linked Loan : a loan in which the stake rate is linked to the accomplishment of sustainability goals . This is an important milepost for the cooperative . The loan is part of the € 210 million refinancing that was agreed upon last summer for the next seven years . Thanks to extra and challenging sustainability agreement with the banking syndicate , the funding has now formally been converted into a Sustainability Linked Loan ....