Sembcorp executes first sustainability-linked schuldschein among Asian corporates
LBBW helped the Singaporean corporate turn to the flexibility of the schuldschein structure to raise capital.
Earlier this month, state-backed German financial institution, Landesbank Baden-Württemberg (LBBW), arranged an inaugural 5-year EUR 70 million ($71.79 million) sustainability-linked schuldschein for Sembcorp Financial Services Pte Ltd, a subsidiary of Singapore-headquartered energy developer, Sembcorp Group.
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