Emperador Secures First Sustainability-Linked Loan

Emperador Inc. has secured its first sustainability-linked loan (SLL), marking a milestone in its environmental strategy.

Emperador has invested in sustainability initiatives across its global operations. (Photo: Emperador, Inc.)

The loan, amounting to €300 million, refinances an existing facility of its wholly owned subsidiary Emperador International Ltd., with guarantees from Emperador and Emperador Distillers Inc..

The financing was arranged by Banco Bilbao Vizcaya Argentaria, Bank of China (Hong Kong) Limited, and DBS Bank Ltd., which served as mandated lead arrangers, underwriters, and bookrunners.

BBVA and Bank of China also acted as sustainability coordinators.

The SLL is tied to two key performance indicators: reducing Scope 1 and 2 greenhouse gas emissions intensity and increasing the use of renewable electricity.

Emperador has invested in sustainability initiatives across its global operations, including bioenergy and carbon capture facilities in Scotland, biomass boilers, and renewable electricity adoption in the Philippines, Spain, and Mexico.

“This SLL serves as a milestone for the company and an encouragement to continue operating sustainably,” said Andrew Tan, chairman of Emperador Inc.