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Sabana REIT Launches Sustainability-Linked Bonds
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Sabana REIT Launches Sustainability-Linked Bonds

Sabana Shari’ah Compliant Industrial REIT (SG:M1GU) has released an update.

Sabana Industrial Real Estate Investment Trust has issued S$100 million in 4.15% sustainability-linked bonds, with a guarantee from the Asian Development Bank’s Credit Guarantee and Investment Facility. The bonds are slated for listing on the Singapore Exchange Securities Trading Limited (SGX-ST) on June 26, 2024. This strategic move aims to reinforce Sabana Industrial REIT’s commitment to sustainability in its financial operations.

For further insights into SG:M1GU stock, check out TipRanks’ Stock Analysis page.

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