Tong Eng Group secures $71m green loan from OCBC

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No Proceeds will be used for the refinancing of Tong Eng Building. Property developer Tong Eng Group has secured a $71m SORA green loan with OCBC Bank, according to a press release. This mark’s OCBC and Tong Eng Group’s first green loan referencing SORA. This is also OCBC’s third SORA-based corporate loan, with the first two extended to CapitaLand and Sembcorp Industries in June and October, respectively. read more