(September 08 23:18) Sbr.com.sg
Uploaded By:
Frances Gagua
Submitted By:
Frances Gagua
Case Study:
No
UOB will offer CMT tiered interest rates based on its annual green assessment.
United Overseas Bank (UOB) has converted CapitaLand Mall Trust’s (CMT) $200m revolving credit facility into a sustainability-linked loan, according to a press release.
This marks CMT’s first sustainability linked loan.
Under the terms of the sustainability-linked loan, UOB will offer CMT tiered interest rates on the facility based on CMT’s achievements in the annual GRESB Real Estate assessment.
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