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Ascendas India Trust secures maiden S$100 million sustainabilitylinked loan from UOB


Apr 17, 2021
Mr. Sanjeev Dasgupta, Chief Executive Officer said, “a-iTrust considers sustainability as a key driver of its value creation strategy. This is implemented through various initiatives towards the environmental and social well-being of the communities where it operates.
 
Securing the Trust’s maiden sustainability-linked loan facility is testament to the Trust’s effort in minimising its environmental footprint. The Trust is committed to continuously increase the proportion of its properties which are certified “Gold” or “Platinum”, amidst the Trust’s plans to grow its portfolio. In doing so, it is also able to achieve a lower cost of borrowing for the Trust. This is also in line with CapitaLand Group’s overall green building rating targets of achieving green certifications for all new and existing buildings in its portfolio by 2030.” ....

Sanjeev Dasgupta , Leong Yung Chee , Capitaland Group , Ascendas Property Fund Trustee Pte , Head Of Group Corporate Banking , Ascendas India Trusta Itrust , Ascendas Property Fund Trustee , Ascendas India Trust , Chief Executive Officer , Group Corporate Banking , சஞ்சீவ் தாஸ்குப்தா , லியோங் யுங் சீ , சாப்பிடலன்ட் குழு , அஸ்ஸ்ன்டாஸ் ப்ராபர்டீ நிதி அறங்காவலர் ட் , அஸ்ஸ்ன்டாஸ் ப்ராபர்டீ நிதி அறங்காவலர் , அஸ்ஸ்ன்டாஸ் இந்தியா நம்பிக்கை , தலைமை நிர்வாகி அதிகாரி , குழு பெருநிறுவன வங்கி ,

Ascendas India Trust Obtains Maiden S$100 Mn Sustainability Linked Fund from UOB


By
siliconindia  |  Wednesday, 14 April 2021, 09:53 Hrs
Ascendas Property Fund Trustee, a   Trustee-Manager of Ascendas India Trust has announced that it has successfully secured a five-year S$100 million unsecured sustainability-linked loan facility from UOB.
Sanjeev Dasgupta, Chief Executive Officer says, “a-iTrust considers sustainability as a key driver of its value creation strategy. This is implemented through various initiatives towards the environmental and social well-being of the communities where it operates. Securing the Trust’s maiden sustainability-linked loan facility is testament to the Trust’s effort in minimising its environmental footprint. The Trust is committed to continuously increase the proportion of its properties which are certified “Gold” or “Platinum”, amidst the Trust’s plans to grow its portfolio. In doing so, it is also able to achieve a lower cost of borrowing for the Trust. This ....

Sanjeev Dasgupta , Leong Yung Chee , Ascendas Property Fund Trustee , Ascendas India , Capitaland Group , Head Of Group Corporate Banking , Ascendas India Trust , Chief Executive Officer , Kyung Chee , Group Corporate Banking , Us 100 , சஞ்சீவ் தாஸ்குப்தா , லியோங் யுங் சீ , அஸ்ஸ்ன்டாஸ் ப்ராபர்டீ நிதி அறங்காவலர் , அஸ்ஸ்ன்டாஸ் இந்தியா , சாப்பிடலன்ட் குழு , அஸ்ஸ்ன்டாஸ் இந்தியா நம்பிக்கை , தலைமை நிர்வாகி அதிகாரி , யுங் சீ , குழு பெருநிறுவன வங்கி ,