DBS Hong Kong and Henderson Land announce HKD 5 billion bilateral sustainability linked loan and social loan
Hong Kong, 16 Apr 2025 -
DBS Bank (Hong Kong) Limited (“DBS Hong Kong”)
and
Henderson Land Development Company Limited (“Henderson Land”) (Stock code: 12)
today announced the successful closing of a HKD 5 billion bilateral multi-tranche sustainability linked loan (SLL) and social loan this month. This financing supports Henderson Land's general funding needs with the aim to tie with its sustainability and social initiatives. The facility comprises a four-year SLL of HKD 2,000 million, a five-year SLL of HKD 2,900 million and a social loan of HKD 100 million.
DBS Hong Kong and Henderson Land announce the signing of a HKD 5 billion bilateral multi-tranche sustainability-linked loan and social loan. Photo taken at
Nam Cheong Community Living Room
(from left to right):
Johnny Yu
,
Advisor to Chairman and Head of Sustainability, Henderson Land;
Andrew Fung
, Executive Director and Chief Financial Officer of Henderson Land;
Boris Chan
,
Managing Director and Head of Institutional Banking Group
,
DBS Hong Kong;
Serena Mak
, Executive Director, Sustainable Finance, Institutional Banking Group, DBS Hong Kong.
In a collaborative effort, DBS Hong Kong and Henderson Land worked closely to design a customised set of sustainability performance targets tailored to Henderson Land’s current environmental, social, and governance (ESG) landscape and its 2030 sustainability vision. DBS Hong Kong recognises Henderson Land’s continuous effort in social projects and the proceeds from the social loan will be used for eligible projects as identified including Transitional Housing and Community Living Room. Both parties aim at fostering ongoing commitments to responsible investment and community well-being.
Boris Chan, Managing Director and Head of Institutional Banking Group, DBS Hong Kong
, said, “DBS Hong Kong has long-term commitments in driving social developments and promoting sustainable economy. This landmark transaction signifies the deep-rooted partnership with Henderson Land. We are proud to support Henderson Land’s ESG journey and to create a constructive environmental and social impact in Hong Kong.”
Andrew Fung, Executive Director and Chief Financial Officer of Henderson Land
said, “Henderson Land has long been a pioneer in driving sustainable innovation within the real estate sector. This significant financing agreement with DBS Hong Kong reinforces our commitment to sustainability and social responsibility, including reducing construction site accidents, while advancing our goals of sustained growth. We remain dedicated to strategies that prioritise environmental stewardship, innovation for future, community care and social value. We look forward to seeing the positive impact this facility will have on the local community.”
DBS Hong Kong has been actively embedding sustainability into its products and services. In addition to participating in the recent SLL and social loan with Henderson Land, DBS Hong Kong has also involved in numerous sustainable financing solutions tailored for companies across different sectors, and also in leading various community projects.
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About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “
World’s Best Bank
” by Global Finance, “
World’s Best Bank
” by Euromoney and “
Global Bank of the Year
” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “
World’s Best Digital Bank
” by Euromoney and the world’s “
Most Innovative in Digital Banking
” by The Banker. In addition, DBS has been accorded the “
Safest Bank in Asia
“ award by Global Finance for 16 consecutive years from 2009 to 2024.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit
www.dbs.com
.
About Henderson Land
Development Company Limited
Founded in 1976 and listed in Hong Kong since 1981, Henderson Land Development Company Limited (Stock code: 12) is a leading property group, focusing on Hong Kong and mainland China. Henderson Land is carrying on its legacy into the future, curating a property portfolio that grows from strength to strength and encompasses award-winning landmark projects such as the International Finance Centre complex and The Henderson.
In addition to its core business in property development and property investment, the Group holds strategic investments in two listed subsidiaries (namely, Henderson Investment Limited and Miramar Hotel and Investment Company, Limited) and three listed associates (namely, The Hong Kong and China Gas Company Limited (which in turn has equity stakes in a listed subsidiary, Towngas Smart Energy Company Limited), Hong Kong Ferry (Holdings) Company Limited and Sunlight Real Estate Investment Trust.
Henderson Land has a long-term commitment to sustainability and is a pioneer in green building and sustainable practices, which harness innovation and technology to create new, smarter living. The Group is also a strong advocate of social responsibility and invests in a broad range of community causes and initiatives. For more information, please visit
www.hld.com
.
DBS Bank Ltd | 12 Marina Boulevard, DBS Asia Central @ Marina Bay Financial Centre Tower 3,
Singapore 018982 | Co. Reg. No. 196800306E
Tel: 65.6878 8888 | www.dbs.com
