Allianz and Gaw team secures S$945m green loan

By Pan Yue
16 Dec 2019

Allianz Real Estate and Gaw Capital Partners have secured a joint S$945m ($697m) green loan to support the acquisition of Duo Tower and Duo Galleria in Singapore.

DBS, United Overseas Bank and Standard Chartered provided the funds, according to a press release on Monday. The three banks acted as the green loan advisers, and had the same titles of mandated lead arrangers, underwriters and bookrunners.

The loan will be used to support Allianz, a ...

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