representative work

Wheaton Precious Metals Enters Into US$2 Billion Amended and Restated Sustainability-Linked Revolving Credit Facility

07/18/2022

On July 18, 2022, Wheaton Precious Metals Corp. amended and restated its revolving credit facility to, inter alia, add a sustainability-linked element. Under the agreement, the interest rate will be adjusted based upon Wheaton Precious Metals’ performance in three sustainability-related areas:

  • Attributable emissions from third-party mining partners’ operations covered by science-based emissions targets;
  • Diversity at board and management levels; and
  • Wheaton Precious Metals’ S&P ESG score.

Cassels acted for Wheaton.

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