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Ho Bee Land to buy London property with HSBC green loan

Published Thu, Aug 23, 2018 · 09:50 PM

Singapore

PROPERTY investment and development firm Ho Bee Land has secured its first green loan, which will go towards acquiring a commercial development in London.

The £200 million (S$352.9 million) bridged facility provided by HSBC is also one of Singapore's first green loans.

Ho Bee said the loan was executed under the firm's green finance framework, which was certified by third-party green assurance provider, Sustainalytics. HSBC also served as the green restructuring adviser in the commissioning and develo…

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