Pacific Basin News

WFW advises Pacific Basin on sustainable financing

Watson Farley & Williams ("WFW") advised Pacific Basin Shipping ("Pacific Basin") on a US$250m sustainability-linked seven-year senior secured committed revolving credit facility. The facility will be used for general corporate purposes, supporting Pacific Basin’s growth strategy and sustainability ambitions. This sustainability-linked facility incorporates a tiered pricing mechanism, where the interest margin adjusts based on Pacific Basin’s performance against predetermin...

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