Tuesday June 2, 2020 17:30

Events Press Release : 16 Mar 2020

Leading customs team joins KPMG in Thailand Events—16 Mar 20

KPMG in Thailand strengthens its customs and supply chain capabilities with the addition of a team of 13 professionals from a consulting firm, Bolliger & Company Consulting Limited. KPMG in Thailand continues its expansion by hiring a team of

Indorama Ventures Secures Thailand’s First Sustainability-Linked Ninja Loan Events—16 Mar 20

กรุงเทพฯ--16 มี.ค.--Indorama Ventures
Indorama Ventures Public Company Limited (IVL), a global chemical producer, has successfully completed Thailand’s first ever cross-border Sustainability-Linked Ninja Loan.

This syndicated loan of US$255 million with 5 year bullet maturity, comprises of 16 Japan based banks and institutions is structured with linkage with the sustainability performance of IVL and have a mechanism to adjust to lower interest rate based on IVL’s ESG (Environmental, Social, and Governance) score.

Mizuho Bank, one of the largest banks from Japan, is the arranger of this syndicated cross-border Sustainability-Linked Ninja Loan. The loan proceeds will be primarily used for refinancing and will not increase the overall debt.

Mr. Sanjay Ahuja, Chief Financial Officer at Indorama Ventures said, “We are proud to be the first Thai company to obtain this Sustainability-linked Ninja Loan. Following Thailand’s first ever green loan funded by Mizuho Bank last year, we believe that our sustainability performance and PET recycling initiatives have been recognized.

IVL’s financial strategy focuses on diversification of the funding base with access to different financial markets, extending maturity profile and optimizing cost of financing. The Sustainability-Linked Ninja Loan has favourable financing terms and will help

XCMG's Mega Exhibition Shines at CONEXPO-CON/AGG 2020 Bringing New orders and New Events—16 Mar 20

XCMG has successfully concluded its largest exhibition at the tri-annual CONEXPO-CON/AGG 2020, the largest construction trade show in North America hosted last week in Las Vegas, US. The brand's fruitful journey has brought home multiple orders that

MQDC and partners mark 1st pile of Whizdom The Forestias under theme "Feel The Events—16 Mar 20

Mrs. Thippaporn Ahriyavraromp, Chairperson of MQDC (5th from left), together with Mr. Keerin Chutumstid, President of the Property & Service Business Group of Magnolia Quality Development Corporation Limited (MQDC), and Mr. Assada Kaeokhiao,