Core Viewpoint - MTR Corporation has secured a HKD 30 billion seven-year green syndicated loan, marking the largest unsecured international green loan in Hong Kong's history for enterprises in Asia, the Middle East, and North Africa, with strong market demand leading to an oversubscription of over five times [1] Group 1: Loan Details - The loan was supported by 15 leading international banks and involved a total of 57 banks participating in the syndicate [1] - The initial loan amount of HKD 23 billion was increased to HKD 30 billion due to strong market demand [1] - In addition to the syndicated loan, MTR Corporation signed a HKD 780 million seven-year bilateral green revolving loan with the Korea Development Bank [1] Group 2: Strategic Development - MTR Corporation's CEO emphasized the company's commitment to advancing large-scale railway projects, including significant investments in the Northern Link [1] - The company aims to collaborate with strategic investors to drive project development and contribute to the growth of the Northern Metropolis [1] Group 3: Financial Sustainability - The financial director stated that the syndicated loan reinforces MTR's leadership in sustainable development and reflects a shared commitment to Hong Kong's future with banking partners [2] - The loan has a drawdown period of nine months, indicating the company's financial stability and thorough planning [2] - MTR Corporation will continue to adhere to prudent financial management principles to ensure long-term financial sustainability [2] Group 4: Use of Proceeds - Proceeds from the loan and revolving credit facility will be used to finance and refinance eligible green investment projects under MTR's Sustainable Financing Framework [1] - This initiative aims to highlight Hong Kong's leadership in international green finance and contribute to sustainable development [1]
港铁公司签300亿港元7年期绿色银团贷款