CapitaLand raises S$400m from green loans

CapitaLand
By Pan Yue
15 Apr 2020

Singapore’s CapitaLand, a real estate giant, has raised a total of S$400m ($283m) from two bilateral green loans, giving a further boost to its sustainability financing credentials.

DBS provided a S$150m four year green facility, while HSBC provided a S$250m three year multi-currency loan.

The proceeds will be used for financing and refinancing the development, investment and acquisition of certificated green buildings, CapitaLand said in a press release on Wednesday.

The loans will ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial