Australian salmon farmer Tassal Group has signed a "sustainability-linked loan" (SLL) for AUD 497 million ($348m) of facilities, linking some of the interest charges on its loans to sustainability key performance indicators.
Tassal, which is headquartered in Hobart, Tasmania, and has reached an agreement to be acquired by Canada's Cooke for $772m, said the loan is a first of its kind for any aquaculture company in Australia [...]
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