Klöckner Pentaplast takes ESG ratchet to dollar mart

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Klöckner Pentaplast takes ESG ratchet to dollar mart

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Plastics packaging firm Klöckner Pentaplast (KP) has included an ESG margin ratchet in the loan leg of a refinancing, the first time this has been added to a dollar-denominated loan, though the structure is becoming increasingly common in euros.

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