Mapletree Investments clinch $310m sustainability loan from OCBC

Submitted By:  Staff Reporter Case Study:  No The interest rate will be reduced should ESG targets be met. Mapletree Treasury Services, the wholly-owned subsidiary of Mapletree Investments, has secured its inaugural sustainability-linked loan of about $310m (€200m) from OCBC Bank, the company announced in a press release. The loan will be used for general working capital and corporate funding purposes, said Mapletree. Should the pre-set ESG targets be met, the interest rate will be reduced on a tiered basis and Mapletree will report its actual ESG performance on an annual basis. read more