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| Name | Symbol | Market | Type |
|---|---|---|---|
| Yara International ASA (PK) | USOTC:YARIY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.23 | 1.58% | 14.75 | 14.50 | 15.01 | 14.79 | 14.67 | 14.715 | 16,431 | 22:00:01 |
From Dec 2019 to Dec 2024
Fertilizer producer Yara International signed a $1.1 billion revolving credit facility that links the interest to be paid with the company's progress in reducing its CO2 emissions. The facility's interest rate will be adjusted every year based on Yara's progress in reducing its carbon intensity, giving the company a discount on the interest it pays if it reaches its target--achieving a 10% reduction of greenhouse-gas emissions per ton of fertilizer produced by 2025. Companies world-wide are under pressure from authorities and investors to pollute less, and sustainability-linked loans like this credit facility are one tool that could motivate them to improve their effect on the environment. (ricardo.aceves@wsj.com)
(END) Dow Jones Newswires
July 17, 2019 11:43 ET (15:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Yara International ASA (PK) Chart |
1 Month Yara International ASA (PK) Chart |
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