New World points way towards green loans

Green_house_coins_Fotolia_230x150
By Rashmi Kumar
28 Mar 2018

The Asian green loan market is finally starting to take shape, with a handful of borrowers approaching banks for fundraising. It’s still early days but there are huge opportunities for growth. Rashmi Kumar reports.

The region’s sustainable loan market is gaining traction at last. New World Development, a Hong Kong-listed property developer, last week turned an old HK$3.6bn ($459m) loan into a green one. Beijing Jingneng Clean Energy, meanwhile, launched its debut green loan into syndication. On Monday, Olam International, a Singapore-based ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial