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Etihad raises $1.2 billion in first sustainability-linked ESG loan in aviation By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: A Etihad Airlines Airbus A320-200 at Minsk National Airport (Belarus), April 19, 2018, REUTERS/Vasily Federosenko

DUBAI (Reuters) – Etihad Airways has raised $1.2 billion in the first sustainability-linked loan related to environmental, social and governance (ESG) targets in global aviation, the company said on Wednesday.

Etihad Airways selected HSBC, First Abu Dhabi Bank (FAB), as its strategic partners. FAB and HSBC were joint ESG-structuring banks and joint ESG coordinators. They also acted jointly as bookrunners and mandated leads arrangers. FAB also served as facility agent.

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