Business Daily Media

Men's Weekly

.

Sunlight REIT secures an additional HK$800 million Sustainability-linked Loan from BOCHK

HONG KONG SAR - Media OutReach - 6 June 2022 - Henderson Sunlight Asset Management Limited (the "Manager") and Bank of China (Hong Kong) ("BOCHK") jointly announce that Sunlight Real Estate Investment Trust ("Sunlight REIT") has secured its second tranche of HK$800 million sustainability-linked loan ("SLL").

Together with the first tranche of HK$500 million, this HK$1.3 billion SLL commitment represents a significant sustainable finance collaboration between Sunlight REIT and BOCHK, increasing the proportion of SLLs of Sunlight REIT to over 60% of total borrowings.

Mr. Keith Wu, Chief Executive Officer of the Manager (second from left), Ms. Vivian Yip, General Manager – Investment and Investor Relations of the Manager (left), Ms. Kennis Chong, Deputy General Manager, Global Corporate Banking Department of BOCHK (second from right) and Mr. Calvin Woo, Assistant General Manager, Global Corporate Banking Department of BOCHK (right) announce that Sunlight REIT has secured its second tranche of SLL from BOCHK.
Mr. Keith Wu, Chief Executive Officer of the Manager (second from left), Ms. Vivian Yip, General Manager – Investment and Investor Relations of the Manager (left), Ms. Kennis Chong, Deputy General Manager, Global Corporate Banking Department of BOCHK (second from right) and Mr. Calvin Woo, Assistant General Manager, Global Corporate Banking Department of BOCHK (right) announce that Sunlight REIT has secured its second tranche of SLL from BOCHK.


This SLL, which is an unsecured loan facility and has a tenure of four years, shall allow Sunlight REIT to enjoy interest margin privileges based on the achievement of predetermined environmental related sustainability performance targets, comprising reduction in energy consumption and indoor air quality certifications. The proceeds of this loan will be used for refinancing and general working capital.

Mr. Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, said, "We are grateful for the unwavering support from BOCHK, which enables Sunlight REIT to achieve an important milestone in its sustainability journey. Reflecting the Manager's firm commitment to linking business success with environmental solutions, the unsecured nature of this loan further strengthens the debt profile of Sunlight REIT. Looking ahead, we shall endeavour to continuously reinforce our sustainability platform, while striving to bring our long-standing partnership with BOCHK to the next level."

Ms. Lu Ying, General Manager of Global Corporate Banking Department of BOCHK, said, "This SLL underscores Sunlight REIT's commitment to put sustainability finance at the forefront of its priorities. BOCHK is delighted to continue to offer the SLL to Sunlight REIT. The loan supports Sunlight REIT to achieve its long-term sustainability goals while also enabling it to grow its business in a more sustainable way. BOCHK has been taking active steps to promote green finance. With its tailored green finance solutions, the Bank endeavours to work together with its customers to push forward the development of a green and low-carbon economy. "

Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.

About Sunlight REIT

Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission and constituted by the amended and restated trust deed dated 10 May 2021 (the "Trust Deed"). It offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.

About the Manager
The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

About Bank of China (Hong Kong) Limited
Bank of China (Hong Kong) Limited ("BOCHK") is committed to pursuing its strategic goal to "Build a First-class Regional Banking Group" and promoting sustainable and high-quality development. Capitalising on its advantages as a major commercial banking group in Hong Kong, BOCHK continues to increase local market penetration, captures business opportunities in the Greater Bay Area and actively expands its business development in Southeast Asia. We strive to provide customers with comprehensive, professional and high-quality services. Entering a new era of smart banking, we endeavour to become a customer-centric digital bank by enhancing customer experience with innovative technology and offering intelligent products and services.

As one of the three note-issuing banks and the sole clearing bank for Renminbi ("RMB") business in Hong Kong, BOCHK has strong market positions in all major businesses. Our strong RMB franchise has made us the first choice for customers in RMB business. We have the most extensive branch network and diverse service platforms in Hong Kong, as well as efficient e-channels such as Internet and Mobile Banking services. We offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers.

We are actively pushing forward our regional development and expanding our business in the Southeast Asian region. With our branches and subsidiaries in Thailand, Malaysia, Vietnam, the Philippines, Indonesia, Cambodia, Laos, Brunei and Myanmar, we support customers in the region with professional and high-quality financial services. Through close cooperation with our parent bank - Bank of China, we provide a full range of high-quality cross-border services to multinationals, crossborder customers, mainland enterprises going global, central banks and super-sovereign organisations.

As a leading commercial and internationalised regional bank with deep roots in Hong Kong for over 100 years, BOCHK upholds its mission of "Bridge China and the World for the Common Good". We are committed to undertaking our corporate social responsibilities, promoting long-term and balanced sustainable development, and delivering greater value for our stakeholders and the community. BOC Hong Kong (Holdings) Limited is one of the largest listed companies on the Main Board of the Stock Exchange of Hong Kong, with stock code "2388" and ADR OTC Symbol "BHKLY".

#SunlightREIT

The issuer is solely responsible for the content of this announcement.

News from Asia

VinFast sets new record at IIMS Surabaya 2025 with four awards, VF 3 named "Best EV City Car"

SURABAYA, INDONESIA - Media OutReach Newswire - 2 June 2025 - VinFast announces it has secured four prestigious awards at the Indonesia International Motor Show Surabaya (IIMS Surabaya) 2025. Ach...

June 2025 Market Outlook: Essential Economic and Geopolitical Events for Traders by Octa Broker

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 June 2025 - June 2025 is shaping up to be one of the most eventful months of the year for global markets...

Jollibee Group recognized anew with Gallup Exceptional Workplace Award

Jollibee Group remains the sole Philippine-based company to be recognized by the prestigious award MANILA, PHILIPPINES - Media OutReach Newswire - 29 April 2025 - The Jollibee Group, one of the wo...

Vietnamese Agri Trade Mission to Iowa

IOWA, US - Media OutReach Newswire - 3 June 2025 - A delegation of the Ministry of Agriculture and Environment of Vietnam led by Minister Do Duc Duy began a trade mission to the United States, wit...

Kenanga Investors Launches New Global Real Asset Fund

The Kenanga Alternative Series: Global Real Assets Fund offers investors exposure primarily to global real estate, precious metals, and commodities by employing proprietary investment models and ...

Bensang Pharmaceuticals Officially Enters Japanese Duty-Free Market, Opening a New Chapter in Health Consumption

TOKYO, JAPAN - Media OutReach Newswire - 3 June 2025 - Bensang Pharmaceuticals (China), a leading health and wellness brand, announced today that its full product line has officially entered Tokyo...

Biben Unveils Summer Savings from Now until July: Elevating Brands with Custom Eco-Friendly Shopping Bags

ZHEJIANG, CHINA - Media OutReach Newswire - 3 June 2025 - This summer, Biben, a global leader in custom shopping bag manufacturing, has announced an exclusive promotion to support businesses in a...

East China’s trade hub Yuyao taps Central and Eastern European market with passion, innovation

YUYAO, CHINA - Media OutReach Newswire - 22 May 2025 - From May 22 to 25, the fourth China-Central and Eastern European Countries Expo & International Consumer Goods Fair will be held in Ningb...

Kenanga Investors Leads Phase 3 Of Dive Against Debris Initiative

Kenanga Investors, alongside other volunteers collected 282.4 kg of waste from the beach and marine areas KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 26 May 2025 - Kenanga Investors Berhad ...

Sipping Tea while Enjoying Opera: The 2025 Beijing Chaoyang International Tea Culture Week Showcases Cultural Charm

BEIJING, CHINA - Media OutReach Newswire - 3 June 2025 - On May 29, the 2025 Beijing Chaoyang International Tea Culture Week officially opened. This year's festival, with a main venue at the Junwa...

Deputy Launches Payroll in Australia: Purpose Built for Shift-Based Businesses

Deputy, the global people platform purpose-built for shift work, officially launched Deputy Payroll in Australia today — a seamless experience desig...

How Notion is Addressing Australia's Tech Bloat and Productivity Challenges

In Australia's rapidly evolving digital landscape, businesses are facing an unexpected challenge : tech bloat. This phenomenon is causing a signific...

Konica Minolta Australia partners with Box to drive Intelligent Content Management

Konica Minolta Australia has announced a strategic partnership with Box, the leader in Intelligent Content Management, to deliver a transformative...

TP Leverages AI for Accent-Translation to Improve Customer Engagement

Global digital business services provider Teleperformance (TP) is leveraging AI voice technology to improve communication between customers and se...

The quiet majority: why marketers need to cater to low intent shoppers

When shoppers are browsing online, whether for a new phone, holiday, or pair of shoes, they usually know exactly where they stand. Sometimes they’...

Lack of Salary Transparency is Costing Businesses Top Talent, Says Recruiters

As end-of-financial-year reviews approach, new research reveals a growing disconnect between Australian employers and employees on the issue of sa...

Sell by LayBy