Philips links €1bn loan interest rates to green performance

Royal Philips’ new loan worth €1 billion (£836m) links interest rate to sustainable performance. The health technology firm is collaborating with 16 banks to work on the Revolving Credit Facility, which will adjust the firm’s interest rate depending on its year-on-year green successes. The large banking firms include ING, Goldman Sachs, HSBC, Morgan Stanley and Société Générale. Royal […]