CapitaLand India Trust secures $200m sustainability-linked loan

It will use the loan to refinance existing RCFs.

CapitaLand India Trust (CLINT) bagged a $200m sustainability-linked loan (SLL) from the International Finance Corporation, increasing its sustainable finance to $1.16b.

CLINT will use the SLL to refinance its existing revolving credit facilities (RCFs).

During the five-year loan term, CLINT must reduce the absolute greenhouse gas (GHG) emissions of its IT business park portfolio as of 31 December 2023 by 40.5% from the baseline year 2019.

As an additional key performance indicator for the SLL, CLINT must obtain Excellence in Design for Greater Efficiencies (EDGE) certification for International Tech Park Chennai, CyberVale, and aVance Pune by 2026.