The IRS’ economic terms are directly linked to two specific green targets agreed upon by ALOG and HSBC Singapore that are in line with ALOG’s commitment to manage environmental impacts.
ARA LOGOS Logistics Trust (ALOG) has entered into its first $80 million sustainability-linked interest rate swap (IRS) with the Singapore branch of The Hongkong and Shanghai Banking Corporation (HSBC Singapore).
The IRS will be utilised to hedge the interest rate risk of ALOG’s borrowings.
