In a major development, A.P. Moller – Maersk has announced that they have secured a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks, says a press release published on their website.
This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company.
About the FacilityThe facility refinances the undrawn $5.1bn facility maturing in 2021 and has a tenor of five...
http://mfame.guru/maersk-5-0bn-credit-facility-to-help-in-sustainable-vessel-solutions/