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IFC invests in green bonds of CLAS - BusinessMirror

The International Finance Corporation (IFC) has invested in a sustainability-linked bond in the hospitality sector globally for CapitaLand Ascott Trust (CLAS). IFC is the sole subscriber for the JPY16.5 billion or about S$157.4 million sustainability-linked bond. The seven-year bond will mature in November 2029. The sustainability-linked bond is being issued…

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