Norwegian salmon giant Mowi has signed a €1.8 billion ($ 2.1 billion) five-year sustainability-linked credit facility agreement with consortium of European lenders.

The agreement was first announced on the Oslo Stock exchange in June.

Interest on the facility is linked to Mowi's performance against sustainability key performance indicators (KPI) which are consistent with Mowi's environmental, social and corporate governance (ESG) strategy, the company told the stock exchange at the time.