ESR Cayman announced on Nov 1, it has secured its first Sustainability-Linked Loan (SLL) of US$700 million with an option to upsize it to US$1 billion. This marks ESR’s first step into sustainable financing, demonstrating its ongoing commitment to Environmental, Social and Governance (ESG).
The Group has secured the loan from a consortium of leading international and Asian banks. United Overseas Bank Limited (UOB) acted as the Sole Global Coordinator, Mandated Lead Arranger and Sustainability Advisor. Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) acted as Sustainability Advisor and Mandated Lead Arranger. Other Mandated Lead Arrangers included MUFG Bank, Ltd (MUFG) and Oversea-Chinese Banking Corporation (OCBC).
