CDL bags $250m sustainability-linked loan from DBS

Singapore News News

CDL bags $250m sustainability-linked loan from DBS
Singapore Latest News,Singapore Headlines
  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

SINGAPORE - City Developments Limited (CDL) has obtained a $250 million three-year revolving credit facility from DBS Bank to promote the United Nations (UN) Sustainable Development Goals (SDGs).. Read more at straitstimes.com.

SINGAPORE - City Developments Limited has obtained a $250 million three-year revolving credit facility from DBS Bank to promote the United Nations Sustainable Development Goals .

To qualify, CDL is required to be the first company in Singapore to adopt and apply such innovations to its projects. An authoritative expert or expert panel will be appointed to independently assess and endorse the innovative nature of CDL's proposal against market norms.The loan will support industry, innovation and infrastructure; sustainable cities and communities; and climate action - which are SDGs nine, 11 and 13 respectively.

"We hope to see more of such collaborations between financial institutions and built environment firms, to help spur the development of advanced and innovative solutions for green buildings," Mr Tai added. This April, the property group secured its first green loans totalling $500 million, marking the first time green loans in Singapore would be used for new property developments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Straits Times /  🏆 8. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CDL secures S$250m sustainability-linked loan from DBSCDL secures S$250m sustainability-linked loan from DBSREAL estate group City Developments Limited (CDL) has obtained a S$250 million three-year revolving credit facility from DBS Bank to promote the United Nations (UN) Sustainable Development Goals (SDGs). Read more at The Business Times.
Read more »

DBS to roll out exchange-traded funds for retail investors by end of third quarterDBS to roll out exchange-traded funds for retail investors by end of third quarterSINGAPORE - DBS will be extending its robo-investment platform digiPortfolio to retail investors with the launch of two portfolios comprising Singapore and UK-listed exchange-traded funds (ETFs) by the end of the third quarter.. Read more at straitstimes.com.
Read more »

DBS to launch ETF portfolios for retail investorsDBS to launch ETF portfolios for retail investorsDBS will be extending its robo-investment platform digiPortfolio to retail investors with the launch of two portfolios comprising Singapore and UK-listed exchange-traded funds (ETFs) by the end of the third quarter. Read more at The Business Times.
Read more »

CDL secures S$250m sustainability-linked loan from DBSCDL secures S$250m sustainability-linked loan from DBSREAL estate group City Developments Limited (CDL) has obtained a S$250 million three-year revolving credit facility from DBS Bank to promote the United Nations (UN) Sustainable Development Goals (SDGs). Read more at The Business Times.
Read more »

Bagging rights: The five cult bags every collector should seek outBagging rights: The five cult bags every collector should seek outFrom a Chanel perfume bottle-shaped clutch, to a sublime Hermes Kelly in black, here is our edit of the five essential bags to add to your vintage shopping radar.
Read more »

Reporting organisation sets up Asean hub in SingaporeReporting organisation sets up Asean hub in SingaporeSUSTAINABILITY reporting organisation Global Reporting Initiative (GRI) is opening its Asean regional hub in Singapore on Sept 3, with the backing of a 12-member consortium including Singapore Exchange (SGX), and three Big Four firms. Read more at The Business Times.
Read more »



Render Time: 2025-02-08 15:28:01