
03:11 ETStrengthening Its Sustainable Finance Strategy, PT Vale Secures US$750 Million ESG-Linked Syndicated Loan Facility

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PT Vale Indonesia Tbk has secured a US$750 million Sustainability-Linked Loan facility, marking its entry into the syndicated loan market. The loan, supported by 14 international banks and oversubscribed by 1.7 times, is linked to performance metrics on carbon emissions and renewable energy consumption. This financing aligns with PT Vale's decarbonization goals and supports Indonesia's energy transition. The company aims to produce nickel with a lower carbon footprint while contributing to community development through sustainability-linked margin adjustments.
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