Park Hotel raises debut green loan

By Pan Yue
25 Feb 2020

Singapore’s Park Hotel Group has sealed its maiden green loan, raising S$237m ($169m) from United Overseas Bank.

The money will be used to refinance an old borrowing taken by Grand Park City Hall hotel, a property that is owned and managed by hospitality group Park Hotel.

Grand Park, located within Singapore’s central business district, has implemented sustainable features in its renovation plans for the ...

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