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News Argos North America takes out US$300m loan linked to gender quality and CO2 emission performance

Argos North America takes out US$300m loan linked to gender quality and CO2 emission performance

Written by Global Cement staff 17 August 2021
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Colombia: Argos North America has taken out a US$300m loan where the interest rate is linked to CO2 emission reduction indicators and the increase in the percentage of women in leadership positions. It will be used to prepay an existing syndicated loan. The loan has been taken out from BNP Paribas Securities, Natixis, Sumitomo Mitsui Banking Corporation and the Bank of Nova Scotia. This loan is the first linked to environmental, social and corporate governance performance that Argos has signed with international banks.

Last modified on 18 August 2021
Published in Global Cement News
Tagged under
  • Colombia
  • Argos USA
  • Argos
  • corporate
  • Finance
  • Loan
  • Gender equality
  • CO2
  • Emissions
  • BNP Paribas Securities
  • Natixis
  • Sumitomo Mitsui Banking
  • Bank of Nova Scotia
  • GCW519
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