“Singapore’s CapitaLand Receives Over $282 Million for Green Buildings” – Mercom India – April 16, 2020

On April 16, 2020 Mercom India reported that CapitaLand, headquartered in Singapore, “has secured a total of S$400 million (~$282.65 million) in a green loan to increase its green assets and enhance its global portfolio by 2030.

Out of the total amount, S$150 million (~$106 million) has been provided by DBS Bank Ltd (DBS). This loan is for four years, while the remaining S$250 million (~$177 million) is the three-year multi-currency green loan provided by The Hongkong and Shanghai Banking Corporation Limited, Singapore branch (HSBC).

According to the company’s statement, the proceeds from these green loans will be used towards the financing or refinancing of the development, investment, and acquisition of certified green buildings.”

You may read the article on the Mercom India internet site.