Back    Zoom +    Zoom -
MTR CORPORATION Reportedly Arranging $23B Green Syndicated Loan
Recommend
4
Positive
13
Negative
2
MTR CORPORATION (00066.HK) is arranging a $23 billion green syndicated loan, foreign media quoted sources as saying. A total of 15 banks are acting as lead arrangers, bookrunners and underwriters.

The loan has a term of 7 years with an interest rate of HIBOR plus 60 bps, and the all-in pricing is capped at H plus 67 bps. This financing by MTR CORPORATION is primarily intended to fund eligible green investments, including low-carbon transportation, railway station and property development projects.

Related NewsDBS Adds MTR CORPORATION (00066.HK) TP to $31.15, Keeps Rating at Buy

AASTOCKS Financial News
Website: www.aastocks.com