12:08 PM EST - BMO Financial Group : Has announced a financing deal with Seaspan, a leading containership leasing company. An amendment to an existing credit facility, the deal introduces a margin adjustment incentive mechanism tied to the alignment of the carbon intensity of Seaspan's vessels with the International Maritime Organization's 2050 decarbonization trajectory. The deal also incorporates sustainability-linked provisions into charter contracts, creating a value chain approach to decarbonization. BMO Financial Group
shares T.BMO are trading down $0.83 at $148.56.
