Baker McKenzie Advises PT Vale on Landmark USD 750 Million Sustainability-Linked Syndicated Loan

"Baker McKenzie’s Singapore firm advised PT Vale Indonesia Tbk on a landmark USD 750 million sustainability‑linked syndicated loan — one of the first sustainability‑linked financings in the global resources and mining sector and PT Vale’s inaugural entry into the international syndicated loan market. The facility was originally USD 500 million and was fully upsized to USD 750 million after strong lender demand; the deal closed on 23 April 2026. HHP Law Firm acted as PT Vale’s Indonesian legal counsel, and the cross‑border Baker McKenzie team was led by Chu Kah Chin with support from Simonette Santos, Terence Tim and the HHP team."