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Prospect News home > News index > List of issuers M > Headlines for Megachem Ltd. > News item
Published on 10/11/2022 in the Prospect News Green Finance Daily.

Megachem gets $10 million sustainability-linked financing via UOB

By Marisa Wong

Los Angeles, Oct. 11 – Megachem Ltd. announced its first sustainability-linked financing from United Overseas Bank (UOB).

Under the terms of the sustainability-linked financing, UOB will offer Megachem a trade financing facility of $10 million, against predetermined sustainability performance targets, pegged to ratings by international sustainability rating agency EcoVadis, according to a press release.

Megachem is a specialty chemical solutions provider and is based in Singapore.


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