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LREIT secures $100 million sustainability-linked loan

The Edge Singapore
The Edge Singapore • 1 min read
LREIT secures $100 million sustainability-linked loan
JEM, one of the key properties under LREIT / Photo: The Edge Singapore
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Lendlease Global Commercial REIT (LREIT), has obtained a $100 million unsecured sustainability-linked term loan facility to help refinance a loan due in the financial year ended 2023.

The sustainability-linked loan (SLL) is In line with LREIT’s commitment to build a sustainable portfolio.

It incorporates interest rate reductions linked to predetermined sustainability performance targets, which allows LREIT to enjoy savings in borrowing costs as it achieves these targets.

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