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CapitaLand raises S$400m from green loans

CapitaLand raises S$400m from green loans

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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. Read More…

Anand Gupta Editor - EQ Int'l Media Network

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