Manulife US REIT secures US$250m sustainability-linked loan from DBS, OCBC
This is the REITs’ first sustainability-linked loan.
Manulife US REIT (MUST) has obtained a US$250m unsecured sustainability-linked loan from DBS and OCBC, with both banks acting as sustainability advisors for the transaction.
This is the REIT’s first sustainability-linked loan.
MUST will enjoy savings in borrowing costs as it achieves sustainability-linked targets that include efficient use of energy and water, and management of greenhouse gas emissions, in its nine office properties in the United States.
 
						 
						 
						 
						 
						 
						 
                                                           
                                                           
                                                           
                                                           
				 
								 
								 
								 
																					
											
																			 
																					 
																					
											
																			 
																					
											
																			 
								 
								 
						 
						 
                 
                 
                 
                 
                 
                 
                