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, Singapore

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.

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