Sustainability-Linked Loans to Copy Bond Market

Sustainability-Linked Loans to see more rigorous standards as the Loan Market Association in Europe, the Loan Syndications and Trading Association in the US, and the Asia Pacific Loan Market Association look to align Sustainability-Linked Loan principles with the International Capital Market Association’s Sustainability-Linked Bond Principles. Sustainability targets have been developed to calibrate KPIs. The clarity gained through integrating standards is expected to help refinancing which were curbed due to different sets of standards.