News

Staff Reporter

, Hong Kong

Published:

9 months ago

222 views

Signing ceremony for the sustainability-linked loan for a Gaw Capital-led consortium.

UOB, ANZ, StanChart HK provide $14.4b green loan to a Gaw Capital consortium

The funds will refinance over a dozen shopping centres and malls.

UOB, ANZ, and Standard Chartered Hong Kong have teamed up to provide a HK$14.4b sustainability-linked loan to a Gaw Capital-led consortium.

The funds will be used to refinance its retail portfolio under People’s Place, covering 16 shopping properties in Hong Kong, the banks said in a joint statement.

Amongst the shopping properties in the portfolio are: Cheung Hang Shopping Centre, Kai Yip Commercial Centre, Kam Tai Shopping Centre, Kwai Shing East Shopping Centre, Lai Kok Shopping Centre, Lee On Shopping Centre, Lei Cheng Uk Shopping Centre, Lions Rise Mall, On Ting Commercial Complex, Retail and Car Park within Shun Tin Estate, Shek Lei Shopping Centre I and II, Tai Wo Hau Commercial Centre, Tsing Yi Commercial Complex, Tsz Ching Shopping Centre, Yau Oi Commercial Centre and Yung Shing Shopping Centre.

ALSO READ: UOB hit record S$6.1b net profit; final dividend is 85 cents per share

UOB, ANZ Bank and Standard Chartered Hong Kong acted as mandated lead arrangers, underwriters and bookrunners on the transaction. UOB also acting as the facility and security agent, and SLL advisor.

The three-year SLL is tied to sustainability targets, including reducing electricity consumption, managing recyclable waste, implementing green leasing practices and obtaining WELL certification.

Follow the link s for more news on

Standard Chartered

UOB

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!

I want to download the media kit