Hotelier’s $100m sustainability-linked loan first for sector
The Jhunjhnuwalas, who featured on the NBR Rich List in 2018, sign their Sudima Hotels up to green, social targets to reduce interest payments.
Hind Management’s Kanika Jhunjhnuwala on Sudima’s sustainability-linked loan.
Pretty soon, the fact of receiving a sustainability-linked loan will not be particularly newsworthy, with some 10% and growing of all debt instruments (loans and bonds) issued in New Zealand right now classified as sustainable debt – either linked to green targets or used on green projects.
The
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