By Jaime Llinares Taboada

 

Anglo American PLC said Thursday that it has signed a $100 million sustainability-linked loan agreement with International Finance Corp.

Anglo American said it understands that this is the first sustainability-linked loan in the global mining sector that focuses exclusively on social-development indicators.

The goals tied to the loan are aimed at supporting the development of the rural communities close to the company's mining operations in South Africa, including job creation and education improvement, the FTSE 100 company said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

June 09, 2022 03:31 ET (07:31 GMT)

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