UltraTech Cement secures $500M sustainability-linked loan from six banks for its ESG goals.

UltraTech Cement, a subsidiary of the Aditya Birla Group, secures $500 million sustainability-linked loan from six banks, including SMBC, SBI, BNP Paribas, DBS, MUFG, and Mizuho. This marks the company's second sustainability-linked financing after its inaugural bond issuance in 2021. The loan will help align UltraTech's funding strategy with its sustainability and ESG goals as outlined in the company's recently published Sustainability-Linked Financing Framework.

August 26, 2024
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