Manulife US Reit nabs $250m sustainability-linked loan

By Pan Yue
24 Mar 2021

Singapore-listed Manulife US Real Estate Investment Trust has raised a $250m five year sustainability-linked loan from two banks.

DBS and OCBC Bank provided the unsecured facility. DBS Trustee, a trustee of Manulife US Reit, was the borrower, according to a stock exchange filing from the company in Singapore.

The loan’s interest rate is linked to the company’s sustainability performances, including the efficient use of energy ...

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