Standard Chartered extends the world’s first syndicated bank guarantee aligned with ICC Principles to Envision Energy

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Standard Chartered extended a syndicated bank guarantee of more than USD 300 million to Envision Group to support overseas sales and supply of wind power equipment. The deal is positioned as the world’s first sustainable trade finance transaction aligned with ICC Principles for Sustainable Trade and Trade Finance. Standard Chartered served as lead arranger, structuring bank, agent bank, and green facility coordinator. Envision said the financing supports its expansion across Asia, the Middle East, Europe, and Latin America as it grows its renewable energy business.

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