Uralkali closes on upsized $1.25bn ESG-tied PXF

Russian potash producer Uralkali has secured a new five-year $1.25 billion sustainability-tied PXF – the first time the company has linked its margin to ESG targets.Closed on 9 June, the deal was launched at an initial $800 million, with the hope of upsizing to $1 billion. But the deal was...