Green loans

OCBC Bank has closed a sustainability-linked interest rate swap with Far East Hospitality REIT on June 9.

South Korean wireless telecommunications operator, NYSE-listed SK Telecom, has secured its first sustainability-linked loan facility from DBS Bank in Singapore.

Keppel Land has signed its first sustainability-linked loan from DBS Bank on June 1.

OCBC Wing Hang Bank, a wholly-owned subsidiary of OCBC Bank in China, has provided a green loan of RMB500 million ($103.4 million) to Shanghai Kai Tong Wen An Development, a subsidiary of property

Sapphire Star Trust, which is 40%-owned by Frasers Centrepoint Trust (FCT), has obtained its first green loan of $589 million.

Keppel REIT Fin. Company (KRFC), a wholly-owned subsidiary of Keppel REIT, has obtained a green loan facility of $120 million.

Wilmar International and Crédit Agricole CIB have announced the successful closure of a two-year US$100 million ($132.9 million) sustainability-linked facility.

Ascendas India Trust has, on April 13, obtained a five-year $100 million unsecured sustainability-linked loan facility from UOB, a first for the Trust.

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 $1.22 billion, making it one of Singapore’s

Far East Hospitality Trust (FEHT) has secured its first sustainability-linked loan facility worth $125 million on March 29.