101 views

Bosideng bags US$35m sustainability-linked loan from DBS Hong Kong

This marks the largest sustainability-linked loan in Asia.

Chinese down apparel retailer Bosideng bagged a US$35m ($274.6m) sustainability-linked loan from DBS Hong Kong.

According to DBS Hong Kong, the loan issued to Bosideng was the largest of its kind in Asia.

DBS Hong Kong said its loan will provide working capital for the ongoing operations of Bosideng, "subject to the fulfilment of responsible procurement KPIs during the one-year tenor." 

Under the loan agreement, Bosideng will have to obtain a Responsible Down Standard (RDS) certification for at least 95% of its down apparel.

1 HKD = 0.13 USD

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

HK scraps MPF Offsetting Scheme to enhance employee protection
Starting 2025, employers are no longer allowed to offset long service and severance payments from its Mandatory Provident Fund contributions.