A conventional subscription loan facility is typically a short-term facility that allows private equity and impact funds to bridge the gap between investments made and the receipt of capital called from investors.
DBS Group Holdings and United Overseas Bank (UOB) have jointly established a US$110 million ($142 million) sustainability-linked subscription loan facility with ABC Impact, an impact investing firm backed by Temasek and a member of Temasek Trust Asset Management.
According to an Oct 13 announcement, this transforms ABC Impact’s existing conventional loan facility into an instrument that links financing to “measurable impact targets”.
