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MTR secures $30b syndicated green term loan facility
It drew commitments from banks across five regions.
MTR Corporation has signed $30b seven-year syndicated green term loan facility with the support of 15 international banks.
The facility drew commitments from 42 banks across Asia, the Americas, Australia, Europe, and the Middle East, bringing the total number of participating banks to 57.
It was oversubscribed more than five times, leading to an increase in size from the initially planned $23b.
The agreement was finalised on 23 September, with Finance Director Michael Fitzgerald signing on behalf of MTR alongside representatives of the mandated lead arrangers, bookrunners and underwriters.
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