NAB strengthens long-term sustainability for Port of Newcastle with landmark loan

Capt. John

National Australia Bank (NAB) has led the development of a landmark loan for Port of Newcastle (PON) that aligns financing for Australia’s largest east coast seaport with long-term environmentally and socially responsible outcomes. The arrangement includes A$515 million in sustainability-linked loans that incentivises Port of Newcastle by offering a lower margin on debt if it …

The post NAB strengthens long-term sustainability for Port of Newcastle with landmark loan first appeared on Hellenic...

https://www.hellenicshippingnews.com/nab-strengthens-long-term-sustainability-for-port-of-newcastle-with-landmark-loan/

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