Watson Farley & Williams (“WFW”) has advised Piraeus Bank S.A. (“Piraeus Bank”) on a US$16.85m sustainability-linked loan to a subsidiary of the Seanergy Maritime Holdings Corp. (“Seanergy”). The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions. It also incorporated disincentives for …
The post WFW advises Piraeus Bank on first sustainability-linked loan first appeared on Hellenic Shipping News Worldwide.