BlackRock Must Hit ESG Targets or Pay More to Borrow Money

BlackRock Must Hit ESG Targets or Pay More to Borrow Money - WSJ

The money manager and its lenders tied costs around a $4.4 billion credit facility to BlackRock’s diversity and sustainability goals.

Investment giant BlackRock Inc. will need to hit its staff-diversity targets and other sustainable-business goals to keep its corporate borrowing costs down. The firm struck a financing deal with a group of banks that links its lending costs for a $4.4 billion credit facility to its ability to achieve certain goals.

Live News Feed

News Feed featuring the top articles in the finance world from global publications such as Financial Times and the Economist.

Click here to view

Powered by © Neon Accelerator

From the Web

Tesla. Apple and Amazon Headline a Heavy Earnings Week

June 23, 2021 | From the web

More than a third of the S&P 500 are expected to report their quarterly results in the coming week. as companies detail how the reopening world is affecting their businesses.

Read More >

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources

April 26, 2021 | From the web

Shell Norco. Louisiana. hydrocracker partially shut to repair leak -sources | Financial News

Read More >

LIVE MARKETS-Inflation chatter on front burner this earnings season

April 26, 2021 | From the web

LIVE MARKETS-Inflation chatter on front burner this earnings season | Financial News

Read More >

UK earnings. trading statements calendar – next 7 days

April 26, 2021 | From the web

UK earnings. trading statements calendar – next 7 days | Financial News

Read More >
Go to Top