Singapore, Jan. 24 -- Proceeds from the loan, which has been structured in accordance with the Green Loan Principles issued in 2018 by the Loan Market Association and Asia Pacific Loan Market Association, will be used to finance 50 hybrid buses in Victoria.
ComfortDelGro Corporation has become the first land transport company headquartered in Singapore to adopt the green financing solution commonly known as a Green Loan. The A$25 million facility was secured by the Group's Australian subsidiary, ComfortDelGro Corporation Australia Pty Ltd, from OCBC Bank to finance its hybrid bus fleet in Victoria.
Proceeds from the loan, which has been structured in accordance with the Green Loan Principles issued in 2018 by the Loan Market Association a...