SINGAPORE (May 28): CapitaLand has obtained a S$500 million (RM1.54 billion) sustainability-linked loan from United Overseas Bank (UOB). The loan is the largest in Singapore’s real estate sector.
The four-year S$500 million loan is CapitaLand’s fifth sustainability-linked loan, which is the highest number of such loans by a real estate company in Singapore.
In total, CapitaLand and its real estate investment trusts (REITs) have raised over S$2.42 billion, through sustainable financing instruments, in less than two years, which reinforces the group’s commitment towards ... (click on link for full story on theedgesingapore.com).