TSX:TSU - Post Discussion
Post by
Betteryear2 on Apr 01, 2022 5:26pm
Advances ESG Goals by Linking Credit Facility to Targets
- The transaction marks a new milestone in the market as the first Canadian insurer to link its credit facility margins to sustainability targets
- Trisura worked closely with BMO Capital Markets who acted as the Sustainability Structuring Agent to align the company’s credit facility with Trisura’s commitment to advancing Environmental, Social and Governance (ESG) integration
TORONTO, April 01, 2022 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, has announced the closing of its sustainability-linked credit facility. As a first of its kind for insurers in Canada, the sustainability-linked loan is linked to Trisura’s ambition to further incorporate ESG considerations into its investment activities. The structure introduces an incentive mechanism tied to key performance indicators around Trisura’s responsible activities, including disclosure.
Trisura Advances ESG Goals by Linking Credit Facility to Targets around Responsible Investment
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