The loan is expected to offer sustainability margin adjustments tied to the REIT’s performance in achieving predetermined sustainability targets.
The manager of AIMS APAC REIT (AAREIT) says it has obtained an unsecured sustainability-linked loan (SLL) of up to $400 million and A$150 million ($140 million).
According to a Sept 16 bourse filing, the loan was arranged with the support of United Overseas Bank (SGX:U11
) Limited (UOB) and HSBC as joint lead arrangers and joint sustainability coordinators.
