Aeroflot signs its first sustainability-linked loan agreement

27 May 2021

27 May 2021, Moscow – PJSC "Aeroflot" has signed loan agreement with PJSC "Sovcombank". The financing costs of the revolving credit facility in the amount of $320 million will be linked to the company’s ESG performance.

As of now PJSC Aeroflot has a number of ESG ratings, including recently upgraded to BB by MSCI ESG on the back of strong ecology management and lower compared to peers CO2 emissions. In April 2021, MSCI ESG re-affirmed the company's BB rating.The MSCI ESG rating agency is one of the leaders in assessing the performance of public issuers in the field of sustainable development, such as corporate governance, social development, health and safety.