Our Project Received Airline Economics' "Sustainability Editor's Deal of the Year" Award
05/23/2023
In 2022, Financial Partners Group (FPG) arranged and sold a Leasing Fund Business project which became the first JOLCO (Japanese operating lease with call option) transaction incorporating sustainability-linked loan for an Asian airline, and we are pleased to announce that this project has been awarded the Airline Economics' "Sustainability Editor's Deal of the Year 2022."
Award title :Sustainability Editor's Deal of the Year
Lessee :Cathey Pacific
Equity underwriter :FPG
Sustainability-linked loan is a type of loan in which the terms and conditions of the loan are linked to the borrower's Sustainability Performance Targets (SPTs) in business operations and ESG strategies, with incentives and other benefits depending on the degree of achievement of the SPTs. The purpose of sustainability-linked loan is to promote sustainable economic activities and economic growth.
FPG will continue to contribute to the realization of sustainable economic growth by supporting the efforts of lessees around the world to improve their sustainability activities through our Leasing Fund Business projects.
Airline Economics:https://www.aviationnews-online.com/airline-economics/