BNP Paribas, a premier global bank, has announced that it has closed a sustainability-linked loan (“SLL”) with JetBlue Airways via an amendment to its existing Senior Secured Revolving Credit Facility . JetBlue has amended its existing $550 million Senior Secured Revolving Credit Facility by including a “sustainability-linked” provision to align its strategic initiatives with its environmental, social, and governance performance (ESG) goals and objectives. BNP Paribas assisted the Company as the sole Sustainability Structuring Agent in this effort. This SLL includes a pricing mechanism related to the applicable margin and…
Read MoreBNP Paribas and JetBlue Partner to Close First Sustainability-Linked RCF for the Airline Industry
