CDL, IOI Prop-led consortium secures S$1.22 bil green loan from five banks

CDL, IOI Prop-led consortium secures S$1.22 bil green loan from five banks
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South Beach Consortium, a joint venture between City Developments (CDL) and Malaysia’s IOI Properties Group Berhad, has secured a five-year green loan of S$1.22 billion, making it one of Singapore’s largest green loans to date.

The loan is provided by DBS, UOB, Maybank, SMBC and OCBC.

DBS is the lead green advisor, and UOB is the green advisor.

Proceeds from the green loan will go toward...(click on link for full story on theedgesingapore.com)