SINGAPORE (April 22): Singapore Telecommunications’s (Singtel) subsidiary Singtel Group Treasury has secured its first sustainability-linked revolving credit facility of S$750 million (RM2.32 billion).
In a press release today, Singtel says the loan is the largest Singapore dollar-denominated sustainability-linked loan in Singapore to date.
The three-year loan provided by DBS, OCBC and UOB features interest rate discounts pegged at pre-determined environmental, social and governance (ESG) targets in areas such as climate risk, carbon management and workplace health and safety metrics ... (click on link for full story on theedgesingapore.com).