Hongkong Land successfully prices its first green bond
Publications by the Newswire.
HONG KONG, July 7, 2021 /PRNewswire/ Hongkong Land today announced that it has successfully priced its inaugural green bond (the bond ), raising US$500 million at a coupon rate of 2.25% per annum with a 10-year maturity.
The bond was allocated to a mix of Asian and European institutional investors, and was three times oversubscribed. The successful pricing of this bond underscores Hongkong Land s commitment to both sustainability and development of green financing in the region.
The net proceeds from this inaugural green bond will be used to fund the Group s initiatives that relate to green buildings, energy efficiency, renewable energy, clean transportation, sustainable water management, and climate change adaptation in accordance with the newly established Hongkong Land Green Financing Framework (the GFF ).
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Hongkong Land continues to grow Sustainable Financing with S$910 Million Sustainability-linked SORA-based loans signed in Singapore
Publications by the Newswire.
HONG KONG, June 29, 2021 /PRNewswire/ Hongkong Land has continued to drive sustainable financing with the signing in June of S$910 million (US$688 million) of sustainability-linked loans. Including these transactions, Hongkong Land has executed sustainability-linked loans amounting to US$1.9 billion with lenders in Hong Kong, Singapore and Thailand in the last 12 months.
The transactions are five-year revolving credit facilities signed bilaterally with DBS, MUFG, OCBC Bank, SMBC, and UOB which reference the Singapore Overnight Rate Average (SORA).
Hongkong Land will be eligible to receive a tiered discount on the interest rate of the loans if it achieves agreed ESG targets. hese targets include demonstrating continuous improvements in greenhouse gas emissions, electricity consumption, food waste, and solar en
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Here are the major promotions and job moves in the world of HR. If you’ve been promoted or if you’ve moved to a new company, send us your profile and photo and we will announce your news here – just email samanthac@humanresourcesonline.net.
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May 27, 2021
Partnership with AlipayHK on exclusive consumption voucher promotions Collaboration with livi bank from July on 210 x HK$5000 in cash rebate
HONG KONG SAR - Media OutReach - 27 May 2021 - In support of the Government s electronic consumption voucher scheme, major Sino Malls including tmtplaza, Olympian City and Citywalk are putting forward a series of promotions to give out over HK$20 million in rewards. Furthermore, Sino Group is presenting various exciting experiences featuring innovative technology with the aim of rewarding the public for their support, helping mall tenants generate business and accelerating economic recovery in Hong Kong.
The first drop will be exclusive offers launched in partnership with AlipayHK, the most popular electronic wallet in Hong Kong, followed by the weekly HK$5000 Cash Rebate Lucky Draw organised with the lifestyle-oriented virtual bank livi bank, giving consumers opportunities to up their consumption power. In addition, d
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