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Etihad raises $1.2 bln in first sustainability-linked ESG loan in aviation

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DUBAI, Oct 13 (Reuters) – Etihad Airways has raised $1.2 billion in the first sustainability-linked loan associated to environmental, social and governance (ESG) targets in world aviation, the corporate stated on Wednesday.

Etihad Airways chosen HSBC and First Abu Dhabi Bank (FAB) because the strategic companions and financiers for this transaction. HSBC and FAB acted as joint ESG structuring banks, joint ESG coordinators, joint bookrunner and mandated lead arranger. FAB additionally acted as facility agent.

Reporting by Alexander Cornwell; writing by Shakeel Ahmad

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