Launch Partners

Thursday, July 18, 2024

Launch Partners

Alba refinances facility linked to sustainability

BAHRAIN: Aluminium Bahrain (Alba) has become the first company in Bahrain to refinance a syndicated facility tied to sustainability-linked targets, Bahrain News Agency reported. The Islamic and conventional facility worth US$1.25 billion is in connection to the Line 6 Expansion Project. The National Bank of Bahrain and Standard Chartered Bank were appointed as the joint environment, social and governance coordinators.

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