Etihad raises $1.2bn in first sustainability-linked ESG loan

Etihad raises $1.2bn in first sustainability-linked ESG loan

Etihad Airways has secured $1.2 billion in its first and largest sustainability-linked loan (SLL) related to environmental, social, and governance (ESG) targets in global aviation. The transaction came following two innovative aviation financing deals, comprising the first of its kind sustainability-linked transition Sukuk in 2020 and a loan tied to the UN Sustainable Development Goals in 2019, according to a press release on Wednesday. Etihad has selected HSBC and First Abu Dhabi Bank (FAB) as the strategic partners and financiers for the transaction. The said: Meanwhile, the commented: