ING Bank

ING Bank - Sustainability linked loan

Borrower (s)
ING Bank
Industry
Other/Financial Services
Area of finance
Syndicated loans
Region
Europe
Countries
Turkey

Deal Overview

ING Turkey has fully renewed its €300 million-equivalent debut sustainability-linked syndicated loan raised in 2021, with 100% roll-over ratio.Proceeds of the 367-day syndicated loan will be used for general trade finance purposes, and all-in pricing is SOFR + 2.75% for USD and Euribor + 2.10%...

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ING Turkey has fully renewed its €300 million-equivalent debut sustainability-linked syndicated loan raised in 2021, with 100% roll-over ratio.

Proceeds of the 367-day syndicated loan will be used for general trade finance purposes, and all-in pricing is SOFR + 2.75% for USD and Euribor + 2.10% for EUR.


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Deal Volume
$ 299.62m
Financial Close
02 September 2022
Sources

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Sharvi Lohani

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