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Title: Adani Transmission's $700-mn revolving facility gets 'green loan' tag by Sustainalytics
Source:The Economic Times
Date:15 June 2022
Adani Transmission Limited (ATL) on 15 June 2022 said its $700 million revolving loan facility has been tagged as 'green loan' by Sustainalytics. Sustainalytics, a Morningstar Company, provides analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies. A revolving loan facility is a flexible financing tool that provides the borrower with the ability to draw down or withdraw, repay, and withdraw again.
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