The Business Times
business-time-50

UIC secures green, sustainability-linked loans worth S$300m

google-preferred-sourceAdd BT as a preferred source
Published Mon, Mar 1, 2021 · 09:50 PM

Singapore

UNITED Industrial Corporation Ltd (UIC) announced on Monday that it has secured its first green and sustainability-linked loans amounting to S$300 million from UOB and DBS. They comprise a S$200 million sustainability-linked loan and a S$100 million green loan.

The green loan will be used to fund major upgrading works at the Singapore Land Tower, which is owned by UIC.

TRENDING NOW

Semakau now houses the city-state’s offshore landfill. The first refinery operates in Bukom, and an airstrip is located on Pulau Sudong.

NDR 2026: Singapore to create new Western island to support 'new generation of industries'

The changes will take effect after the close of trading on Aug 31, says MSCI in its latest quarterly review.

MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks

Nongfu Spring founder Zhong Shanshan warned during a CCTV interview that e-commerce is killing off emotional and spontaneous consumption

E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan

Why is Apac poised to become such a significant market for aviation?

Asia-Pacific aviation: is up really the only way?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More