City Developments Limited (CDL), through its wholly-owned subsidiary CDL Properties Ltd (CDLP), has secured a green RCF amounting to S$470 million, for the refinancing of Republic Plaza – CDL’s flagship commercial property in the heart of Singapore’s Central Business District, and on-lending to CDL’s eligible green projects1 as defined in the CDL Sustainable Finance Framework. CDL’s Sustainable Finance Framework was developed and adopted when its SDG Innovation Loan was launched in 2019. It demonstrates how CDL and its group entities intend to fund projects or innovation that will deliver social…
Read MoreCDL secures S$470 million green revolving credit facility; demonstrates continued commitment to expand its green financing streams
