HK$5 billion loan! DBS Bank and Henderson Land jointly promote sustainable development
2025-04-17 00:04

On April 16, 2025, DBS Bank (Hong Kong) Limited and Henderson Land Development Company Limited (00012.HK) announced the successful closing of a HKD 5 billion bilateral multi-tranche sustainability linked loan (SLL) and social loan this month. This financing supports Henderson Land's general funding needs with the aim to tie with its sustainability and social initiatives.

(Photo source: Henderson Land Development's official website)

The facility comprises a four-year SLL of HKD 2,000 million, a five-year SLL of HKD 2,900 million and a social loan of HKD 100 million.

It is reported that in a collaborative effort, DBS Hong Kong and Henderson Land worked closely to design a customised set of sustainability performance targets tailored to Henderson Land’s current environmental, social, and governance (ESG) landscape and its 2030 sustainability vision.

DBS Hong Kong recognises Henderson Land’s continuous effort in social projects and the proceeds from the social loan will be used for eligible projects as identified including Transitional Housing and Community Living Room. Both parties aim at fostering ongoing commitments to responsible investment and community well-being.

Andrew Fung, Executive Director and Chief Financial Officer of Henderson Land said, “Henderson Land has long been a pioneer in driving sustainable innovation within the real estate sector. This significant financing agreement with DBS Hong Kong reinforces our commitment to sustainability and social responsibility, including reducing construction site accidents, while advancing our goals of sustained growth. We remain dedicated to strategies that prioritise environmental stewardship, innovation for future, community care and social value. We look forward to seeing the positive impact this facility will have on the local community.”

Boris Chan, Managing Director and Head of Institutional Banking Group, DBS Hong Kong, said, “DBS Hong Kong has long-term commitments in driving social developments and promoting sustainable economy. This landmark transaction signifies the deep-rooted partnership with Henderson Land. We are proud to support Henderson Land’s ESG journey and to create a constructive environmental and social impact in Hong Kong.”

DBS Hong Kong has been actively embedding sustainability into its products and services. In addition to participating in the recent SLL and social loan with Henderson Land, DBS Hong Kong has also involved in numerous sustainable financing solutions tailored for companies across different sectors, and also in leading various community projects.

In summary, this cooperation between DBS Bank and Henderson Land Development reflects the deep integration of the financial and real estate industries in sustainable development, and provides an important reference for the green finance practices of other industries in the future. As the global green finance market continues to develop and mature, more innovative financial products will emerge, driving the global economy to transform towards sustainability.

Author:Qinger