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RGE closes inaugural US$550 million Sustainability-Linked Derivative with MUFG

  • Written by The Bulletin
  • Sustainability-Linked Derivative (SLD) supports RGE's strategy of pivoting its financing towards SLLs, a total of US$1.6 billion secured in 2022
  • Besides hedging the interest rate risk of its latest SLLs, the SLD shows RGE's confidence in delivering on its SLL's sustainability KPIs

SINGAPORE - Media OutReach - 3 February 2023 - Royal Golden Eagle ("RGE"), a global group of resource-based manufacturing companies, has announced that its member company Apical Group ("Apical"), a global leading processor of vegetable oil, has closed a two-year US$550 million Sustainability-Linked Derivative ("SLD"), its first SLD, with MUFG Bank, Ltd ("MUFG").

Read more: RGE closes inaugural US$550 million Sustainability-Linked Derivative with MUFG

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