Lundin links $2.55bn credit and loan facilities to ESG performance
Canadian base metals company Lundin Mining has amended terms of two credit facilities – a $1.75-billion revolving credit facility and a $800-million term loan – to implement a sustainability-linked loan structure.
The sustainability-linked loan structure incentivises reduced greenhouse gas emissions and thriving communities, which focuses on community relations as a core element of a mining company’s social licence to operate.