Quadria Capital Fund II $65 million revolving loan facility

Overview:

• ING has granted a first of its kind three-year revolving loan facility of up to US$65 million to Quadria Capital Fund II, a healthcare focussed private equity firm.
• This marks the world's first sustainability performance-linked fund financing.
• The facility's borrowing interest rate is pegged to the sustainability performance of the fund, which is measured against a set of ESG performance targets which follows the United Nations' Principles for Responsible Investment (UN PRI).   

Shah Shameer Ahmed - Researcher