Mapletree Commercial Trust Secures Its First S$670 Million (US$490.12 Million) Green Loan

Mapletree Commercial Trust Management Ltd., (MCT) as manager of Mapletree Commercial Trust, is pleased to announce that DBS Trustee Limited, in its capacity as trustee of MCT, has secured its first S$670 million green club loan to part finance its acquisition of Mapletree Business City (Phase 2)1 (“MBC II”) and the Common Premises2.

Completed in 2016, MBC II has been designed with environmentally friendly features and has been certified BCA Green Mark Platinum, BCA Universal Design Mark Platinum Award and LEED® Gold. DBS Bank Ltd. (“DBS”) and OCBC Bankacted as the green loan coordinators. The other club banks are Bank of China Limited Singapore Branch, Citibank N.A. Singapore Branch and Sumitomo Mitsui Banking Corporation Singapore Branch.

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