CapitaLand raises S$300m sustainability borrowing

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By Pan Yue
04 Oct 2018

CapitaLand has raised a S$300m ($218m) sustainability-linked loan from DBS, the first of its kind from Asia’s real estate sector.

The five year transaction is a multi-currency multi-tranche borrowing, consisting of a term loan and a revolving credit facility. 

No details of the tranches and pricing were disclosed, but the interest rate is pegged to the company’s green performance. ...

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