Worldwide Hotels Group secures $405m green loan

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The loan will help finance a new hotel and commercial development. Worldwide Hotels Group has acquired its first green loan amounting to $405m from Maybank Singapore. The loan will help develop the group’s new hotel and commercial development, 8 Club Street and is considered the biggest bilateral green financing for a hospitality asset in Singapore to date. It is also the Singapore hotel chain’s first foray into green financing with a strong commitment to adopt ESG standards in the future. read more