Gunvor Group has successfully refinanced its three-year Yen-denominated sustainability-linked Samurai loan for a total of ¥49.1bn ($336m).
The move is the first time the commodities trading company has structured its Samurai financing as a sustainability-linked facility.
The Samurai bond, subject to Japanese regulations, was oversubscribed, allowing an increase from the original debut amount of ¥27bn.
