Sunlight REIT secures an additional HK$800 million Sustainability-linked Loan from BOCHK
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".
The issuer is solely responsible for the content of this announcement.