It will be used to re-finance Connexion, Singapore’s first integrated healthcare and hospitality complex.
United Overseas Bank (UOB) has granted the Farrer Park Company a $120m (US$88.12m) green loan, according to a press release. This is the first green loan for a healthcare facility in Singapore, UOB said.
The proceeds will be used to re-finance Connexion, the country’s first integrated healthcare and hospitality complex which houses the Farrer Park Medical Centre, Farrer Park Hospital, and One Farrer Hotel.
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