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Hongkong Land continues to grow Sustainable Financing with S$910 Million Sustainability-linked SORA-based loans signed in Singapore Publications by the Newswire. HONG KONG, June 29, 2021 /PRNewswire/  Hongkong Land has continued to drive sustainable financing with the signing in June of S$910 million (US$688 million) of sustainability-linked loans. Including these transactions, Hongkong Land has executed sustainability-linked loans amounting to US$1.9 billion with lenders in Hong Kong, Singapore and Thailand in the last 12 months. The transactions are five-year revolving credit facilities signed bilaterally with DBS, MUFG, OCBC Bank, SMBC, and UOB which reference the Singapore Overnight Rate Average (SORA).    Hongkong Land will be eligible to receive a tiered discount on the interest rate of the loans if it achieves agreed ESG targets.  hese targets include demonstrating continuous improvements in greenhouse gas emissions, electricity consumption, food waste, and solar en

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