Home » Business » A team of international banks grants a $ 750 million bank loan to Argos North The usa

A team of international banks grants a $ 750 million bank loan to Argos North The usa

It must be famous that this mortgage contemplates the firm’s functionality in reaching the several objectives established in relation to the Environmental, Social and Governance (ESG) indicators. In certain, a reduction in the desire amount is envisaged centered on the reduction of CO2 emissions and sustainable advancement. This credit score also contributes to the achievement of other business enterprise uses of the company, these types of as strengthening its cash structure and liquidity placement, without this primary to an increase in the organisation’s fiscal leverage.

This operation is also aspect of the strategy of the Colombian team Cementos Argos SA, which aims to checklist and issue shares of Argos North America Corp. on the New York Inventory Exchange.

The firm’s workforce that participated in the consultancy was designed up of attorneys from the Bogotá agency: Manuel Quinche, Felipe Londoño and María Paula Cortés.-

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