DBS Bank (Hong Kong) Limited and Henderson Land Development Company Limited have completed the closing of a HKD 5 billion ($644 million) bilateral multi-tranche financing arrangement, comprising sustainability-linked loans (SLLs) and a social loan. The agreement, finalised this month, aims to support Henderson Land’s general funding requirements while advancing its environmental and social objectives.
The facility consists of a HKD 2 billion four-year SLL, a HKD 2.9 billion five-year SLL, and a HKD 100 million social loan. The proceeds will be directed towards Henderson Land’s sustainability efforts, with the social loan specifically earmarked for initiatives such as transitional housing and the Community Living Room project.
Both parties jointly developed a tailored set of sustainability performance targets aligned with Henderson Land’s ESG priorities and its 2030 sustainability vision.
Boris Chan, Managing Director and Head of Institutional Banking Group at DBS Hong Kong, stated: “This transaction reflects our strong partnership with Henderson Land and our continued efforts to support sustainable development and social progress in Hong Kong.”
Andrew Fung, Executive Director and Chief Financial Officer of Henderson Land, said: “This financing reinforces our longstanding commitment to sustainability and social responsibility. We aim to contribute meaningfully to community welfare while driving innovation and environmental stewardship across our operations.”
DBS Hong Kong has increasingly integrated sustainability into its financial services, offering tailored sustainable financing solutions across sectors while actively supporting community projects.
