ESR-LOGOS REIT secures $200m sustainability-linked loan

This is the company’s first sustainability-linked facility.

ESR-LOGOS REIT, through its trustee Perpetual (Asia) Limited, entered a $200m sustainability-linked loan from various banks which will be used for general corporate funding.

In a disclosure, the company said the sustainability-linked unsecured revolving credit facility will be used for refinancing existing indebtedness, funding asset acquisitions, enhancement, and improvements of group member-owned assets, general working capital purposes, and payment fees related to the facility and other transaction-related costs.

ALSO READ: ESR-LOGOS REIT secures 20-year master lease for 3 Tuas South Ave 4

The Loan has a final maturity date of 24 months from the first use date.

The original lenders are CIMB Bank Berhad, Singapore Branch, Malayan Banking Berhad, Singapore Branch, RHB Bank Berhad, Sumitomo Mitsui Banking Corporation, Singapore Branch, and Hongkong and Shanghai Banking Corporation, Singapore Branch.

Follow the link for more news on

ESR-REIT

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia