
Thai shipping firm in landmark sustainability-bond issuance
Precious Shipping Public Company is looking to substantially reduce emissions in a first for the Asean shipping sector, with the help of an arm of the Asian Development Bank.

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank, has agreed to guarantee sustainability-linked bonds issued by Thailand’s Precious Shipping Public Company, with the help of law firm DLA Piper.
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