HSBC

Pact Group has converted AU$420 million of existing loan facilities into a sustainability-linked loan, the first such transaction for an Australian manufacturing company. Commonwealth Bank of Australia, Westpac and HSBC were lead arrangers.

Al Bayader International secured medium-term financing from HSBC to build a 450,000 sq ft food packaging industrial complex in Sharjah's Al Sajaa Industrial City, expected to be completed in 2023 and quadruple capacity to over 120,000 tonnes.

Robinson Packaging is planning to expand in the UK after a funding package deal with HSBC; the amount was not disclosed.

Northern Ireland food manufacturer Davison Canners received a GBP 3.1 million financing package from HSBC, added new product lines and created 50 jobs, and won new contracts from Booths and Aldi.