Under the terms of the loan, UOB will offer CMT tiered interest rates on the facility based on the trust’s achievements in the annual GRESB Real Estate assessment.
The manager of CapitaLand Mall Trust (CMT) announced on September 8 that its $200 million revolving credit facility has been converted into a sustainability-linked loan by United Overseas Bank (UOB).
The loan follows CMT’s first $200 million green loan secured on Oct 1, 2019, to finance the Building and Construction Authority Green Mark-certified properties in its portfolio.
