Home News Green loans

CDL-led consortium secures $1.22 bil green loan from five banks

Felicia Tan
Felicia Tan4/13/2021 06:11 PM GMT+08  • 3 min read
CDL-led consortium secures $1.22 bil green loan from five banks
The loan is provided by DBS, UOB, Maybank, SMBC and OCBC.
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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 $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.

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