UPP and Deutsche Bank secure £110m sustainability-linked loan

UPP Group Holdings (UPP), a UK provider of on-campus student accommodation, has finalised a £110m ($126m) sustainability-linked revolving credit facility (RCF) with Deutsche Bank. The deal marks UPP’s inaugural foray into sustainability-linked financing, tying the cost of borrowing to the company’s progress on environmental objectives. The RCF includes key performance…