Sustainability-linked Transactions

 

Sustainability-linked Loans

Sustainability-linked loans are loans that are structured to enable customers to pay variable interest depending on their achievement of a set of pre-agreed ESG performance targets which are validated by an independent ESG rating agency or verification party.

CR Micro

DBS Bank entered into its first ESG-linked loan agreement with CR Micro. It is the second ESG-linked loan between DBS and China Resources Group, the holding company of CR Micro.

CITIC Metal

DBS announced its first-ever sustainability-linked purchase invoice financing (“PIF”) agreement with CITIC Metal (HK) Limited in support of its sustainability roadmap.

Haier

Haier signed its first USD 400 million 1-year ESG-linked term loan with DBS to promote sustainable development and a greener future.

Fortune REIT

Fortune REIT entered its first sustainability-linked swap with DBS and partnered with a social enterprise - Rooftop Republic to launch Farm@Fortune.

Kwoon Chung Bus

DBS signed the first sustainability-linked loan with Kwoon Chung Bus. This HKD 348 million 3-year loan reflects the ongoing commitment from both parties to advance Hong Kong’s green agenda.

Prosperity REIT

Prosperity REIT has secured its maiden five-year HKD 800 million sustainability-linked term loan with DBS for refinancing and general corporate funding purposes.

ChampionREIT

DBS signed an agreement concerning cross-currency swap transaction with Champion Real Estate Investment Trust. The sustainability-linked swap reinforces our mutual commitment to giving back to the community.

DBS Hong Kong scores a win with Champion REIT as the sole sustainability advisor for its first 5-year HKD 3 billion unsecured sustainability-linked term and revolving credit facilities.

Hongkong Land

Hongkong Land invests in sustainability, as the Group Signs HKD 6.85 billion sustainability-linked loans with DBS.

Hongkong Land secures its first sustainability-linked loan of HKD 1 billion from DBS.

Sunlight Real Estate Investment Trust

Sunlight Real Estate Investment Trust has secured a HKD 500 million sustainability-linked loan from DBS and Henderson Sunlight Asset Management Limited.

Hang Lung Properties

Hang Lung Properties has secured a five-year sustainability-linked revolving credit facility of HKD 1 billion from DBS Hong Kong.

CDL

DBS finances the first-of-its-kind SDG Innovation Loan to accelerate innovative solutions to promote the UN SDGs.

Louis Dreyfus Company (LDC)

DBS is the first Asian bank to be appointed as a co-sustainability coordinator for LDC’s first sustainability-linked syndicated loan in Asia. This is a three-year USD 650 million revolving credit facility where the interest rate will be linked to LDC’s performance in meeting reduction targets in CO₂ emissions, electricity and energy consumption, water usage, and solid waste sent to landfills.

Sumatera Timberindo Industry

First of its kind export-financing sustainability-linked loan in Indonesia. DBS evaluated the loan based on a target to obtain timber and raw materials from sources certified by the Forest Stewardship Council (FSC).

Chew’s Agriculture

This is the first ESG-linked loan for an SME in Singapore. Chew’s will enjoy lower interest rates if it meets Humane Farm Animal Care (HFAC) standards at the new farm with larger cage-free facilities.

AU Optronics

This is a three-year, NTD 2 billion sustainability-linked loan with AU Optronics, marking a milestone as it is the first sustainability-linked loan in Taiwan and the first of its kind for an IT company in Asia Pacific.

CapitaLand

This is a five-year sustainability-linked USD 300 million facility.

Wilmar

This is a two-year sustainability-linked USD 100 million revolving credit facility.

Olam

This is three-year sustainability-linked USD 500 million revolving credit facility, and Asia’s first sustainability-linked club loan.

 

Sustainability-linked Derivatives

New World Development

New World Development joins forces with DBS Hong Kong to pioneer Hong Kong's first interest rate swap linked to the UN SDGs.

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