Global Infrastructure SherpaDBS Bank Provides Green Loan for Frasers Property's Solar Power Expansion
Frasers Property secured a S$105 million green loan from DBS Bank to expand its solar power capabilities across its industrial, commercial, and residential properties in Singapore.
Source Intelligence
The loan is for a five-year period. Quote: "The loan, which has been drawn down by its indirect wholly owned subsidiary, is for a five-year period" The net proceeds to be used to refinance existing loans related to the development of Frasers Tower. Quote: "with the net proceeds to be used to refinance existing loans related to the development of Frasers Tower." First syndicated green loan under the Green Loan Principles in Singapore and South-east Asia. Quote: "is the first syndicated green loan under the Green Loan Principles in Singapore and South-east Asia, said Frasers Property."
"FRASERS Property has raised S$1.2 billion in a syndicated secured green loan"
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."
"It secured the loan from six banks, namely BNP Paribas, DBS Bank, ING Bank (Singapore Branch), Malayan Banking Berhad (Singapore Branch), Oversea-Chinese Banking Corporation, and United Overseas Bank."