CapitaLand has obtained a $500 million

News

  • News
  • 28 May 2020
    • Share

Capitaland Obtains $500m Sustainability-linked Loan, Largest in Singapore’s Real Estate Sector

CapitaLand has obtained a $500 million sustainability-linked loan from United Overseas Bank (UOB). The loan is the largest in Singapore’s real estate sector.

The four-year $500 million loan is CapitaLand’s fifth sustainability-linked loan, which is the highest number of such loans by a real estate company in Singapore.

In total, CapitaLand and its real estate investment trusts (REITs) have raised over $2.42 billion – through sustainable financing instruments – in less than two years, which reinforces the group’s commitment towards responsible growth.

Posted by

The Edge