Thai Union launches THB 5 million blue finance bond

Amod Salgaonkar, The Fish Site

Thai Union launches THB 5 million blue finance bond
Ishan on Unsplash

The SLB carries an interest rate of 2.47 percent per annnum and was issued on 20 July, 2021. This is the first SLB that has been launched in Thailand and follows the launch of Thai Union’s inaugural Sustainability-Linked Loan (SLL) in February 2021. According to the company, it is another significant step forward for blue finance - financing for projects benefiting oceans - and the seafood industry as a whole.

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