Park Hotel Group nails S$237m green loan from UOB
Hotel development is not normally the greenest of industries, but Park Hotel Group has sealed Singapore’s largest green loan for a hotel chain.
Park Hotel Group, a leading hospitality group in Asia Pacific, this week announced that it obtained a S$237m ($169.5m) green loan from United Overseas Bank (UOB) to re-finance Grand Park City Hall hotel, a property owned and managed by the group.
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