GuocoLand Secures SG$1.24 Billion in Green Financing for Guoco Midtown, Midtown Bay Developments

MT Newswires

2025/01/16

GuocoLand (SGX:F17) has secured a SG$1.14 billion green facility for refinancing its Guoco Midtown development and another SG$105 million to refinance its Midtown Bay luxury residential project, according to a Wednesday filing on the Singapore Exchange.

The financing, provided by DBS Bank (SGX:D05) and OCBC (SGX:O39), is the largest in the company's history and raises its total green funding to nearly SG$5 billion.

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