DBS acted as anchor lender and sole green loan adviser, contributing $484 million, with the remainder provided by OCBC.
A Hong Leong Holdings-led consortium, comprising joint venture partners GuocoLand (SGX:F17
) Limited and CSC Land Group, has secured a $692 million green loan from DBS Bank and Oversea-Chinese Banking Corporation (OCBC) to finance a “nature-aligned” urban development project in Tengah.
The loan, structured in accordance with internationally recognised Green Loan Principles, will fund the project’s green infrastructure and ecological integration efforts, according to a June 3 announcement.
