ESG Financing
The financial sector is catalysing sustainable and green finance by integrating ESG criteria into financing decisions to bring about sustainable development outcomes and economic growth.
We are experienced in structuring, documenting and advising on various types of sustainable and green financing solutions, including:
- Green and sustainability-linked loans
- Green and sustainability-linked bonds
- Catastrophe bonds which help transfer risks associated with climate-related disasters
We anticipate that blended financing and transition financing will become a staple of the Singapore ESG financing scene, and have been actively involved in various initiatives involving the development and growth of blended financing and transition financing in Singapore.
A selection of our notable transactions includes the following:
- A S$1.2 billion green loan for the refinancing of a premium Grade-A energy-efficient office tower in Singapore. The loan is the first green loan for a property in Singapore, and is the first syndicated green loan under the Green Loan Principles in Singapore and South East Asia.
- Acted for M+S Pte. Ltd. in its S$1.95 billion green loan in connection with the Marina One mixed-use development, the largest green loan for a real estate company in Asia Pacific to-date.
- A convertible bonds issue of an aggregate principal amount of up to US$70 million for a Singapore-listed company that is an environmental protection solutions specialist focused on the manufacturing of customised energy-saving and environmental protection products and invests in, develops and operates centralised steam, heat and electricity generation plants.
- UOB’s first dual tranche sustainability bond offering that raised US$1.5 billion. The US dollar-denominated issuance is the first sustainability bond offering from Singapore and the first dual tranche senior and Tier 2 instrument in sustainability format globally from a bank issuer.