Financing will include trade loans, securitisations, co-financing partnerships, term loans, working capital facilities and IPOs, according to the US bank.
The five-year loan is the first SLL in Hong Kong’s public transportation sector with Science Based Targets initiative approved decarbonisation targets.
After a meeting on September 5, banks have made a number of pledges around lending, mortgage approvals and SME seminars over the next two months to help with productivity.
Rabobank and HSBC helped with the implementation of a $166m facility which will be used in part to help smallholders adopt sustainable farming measures.
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