The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.
Surveys show Hong Kong's SMEs facing rising costs, late payments, a tight credit stance from banks, and tariffs, despite an overall economic recovery in the SAR; bad weather has also been an issue this summer.
The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.
Tanar is currently ANZ country head for Germany and will replace Mitchell Mason; the bank sees growth opportunities across markets, financial institutions and DCM.
Joy Kwek joins from Morgan Stanley and is tasked with increasing the synergy between SMBC and SMBC Nikko, and strengthening their capital markets and structured solutions offering.