ü On International Women’s Day, SBI reinforces its commitment to women
empowerment through a landmark social loan aligned with ESG principles: SBI
Chairman
ü This
groundbreaking deal is expected to be the largest gender‑themed loan globally
ü The facility
is dedicated to advancing women empowerment initiatives across India
ü State Bank of India (“SBI”) has launched a
USD 500 million Syndicated Social Term Loan facility with a greenshoe option
Mumbai : State Bank of India (“SBI”) has launched a USD 500 million Syndicated Social Term Loan Facility, focused exclusively on women empowerment, with a greenshoe option. This syndicated transaction is a milestone for SBI and the global ESG financing landscape, for the noble cause of women empowerment. This financing is focused on accelerating social impact and demonstrates SBI’s commitment to reduce “the gender gap” and contributes meaningfully to United Nations’ Sustainable Development Goal (SDG) 5- ‘Achieve Gender Equality and Empower all Women and Girls’.
On the
occasion, Mr. C S Setty, Chairman, SBI said, “On this women's day, we are
happy to announce that as a responsible organization, we are deeply committed
to fostering women empowerment as a cornerstone of sustainable development.
This landmark social loan embodies our dedication to Environmental, Social, and
Governance (ESG) principles, with a sharp focus on creating opportunities for
women. We believe that true progress depends not only on economic growth but
also on our ability to drive positive social change, empower women, and build
an inclusive society for all stakeholders.”
The transaction is first of its kind
by SBI, aimed at supporting gender equality and inclusive economic growth, and
it is expected to be the largest gender‑themed loan globally, representing a
landmark initiative in sustainable finance by an Indian financial institution.
MUFG is acting as the original
Mandated Lead Arranger, Underwriter and Bookrunner and sole social loan
coordinator for the transaction.