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Philips agrees €1bn loan with interest rate linked to sustainability performance

Michael Holder
Michael Holder
clock 21 April 2017 •
Philips agrees €1bn loan with interest rate linked to sustainability performance

Interest rate paid by Philips on the loan will be determined by the healthcare technology giant's independently-assessed sustainability rating

Philips has agreed an innovative €1bn loan deal with a consortium of banks that features an interest rate linked to the technology firm's year-on-year sustainability performance. The nature of the credit...

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