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HONG KONG, Feb 28, 2025 – (ACN Newswire) – AEON Credit score Service (Asia) Firm Restricted (“AEON Credit score” or the “Group”; Inventory Code: 00900) is happy to announce that it has efficiently secured a HK$300 million sustainability-linked mortgage from a syndicate of 9 regional and native banks, additional underscoring the Group’s unwavering dedication to integrating sustainability into its enterprise operations.
The syndicated sustainability-linked mortgage, organized by the Hong Kong Company Gross sales Division of MUFG Financial institution, Ltd. because the mandated lead arranger and bookrunner, shall be used for working capital functions.
The syndicated mortgage settlement is signed in accordance with the sustainability-linked mortgage ideas (“SLLP”) printed by the APLMA, the Mortgage Market Affiliation and the Mortgage Syndications and Buying and selling Affiliation, aiming to advertise and help environmentally and socially sustainable financial actions and development. As an incentive for the Group to realize its sustainability goals, the mortgage phrases and rate of interest payable are linked to the profitable attainment of pre-defined sustainability efficiency targets (“SPTs”), that are assessed by way of pre-determined key efficiency indicators (KPIs) masking each environmental and social facets. Compliance with the SLLP and the reasonableness of the established SPTs are reviewed independently by the third-party assessor Hong Kong High quality Assurance Company.
Mr. Wei Aiguo, Managing Director of AEON Credit score, mentioned, “We’re delighted to have secured this syndicated sustainability-linked mortgage, which marks our ongoing efforts in advancing sustainable growth. We recognise that environmentally and socially accountable enterprise practices are integral to driving sustainable development of the Group and creating long-term worth for all stakeholders. By aligning our financing initiative with formidable, materials and quantifiable sustainability goals, we’re taking significant steps in the direction of driving higher optimistic environmental and social influence, and reinforcing our accountability and dedication to sustainability. Trying forward, we are going to discover additional alternatives for sustainable funding, and proceed to contribute to a greener and extra sustainable future.”
About AEON Credit score Service (Asia) Firm Restricted (Inventory Code: 00900)
AEON Credit score Service (Asia) Firm Restricted, a subsidiary of AEON Monetary Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was arrange in 1987 and listed on the Foremost Board of The Inventory Alternate of Hong Kong Restricted in 1995. The Group is principally engaged within the finance enterprise, which incorporates the issuance of bank cards and the availability of private mortgage financing, card fee processing companies, insurance coverage middleman enterprise in Hong Kong and microfinance enterprise in Mainland China.
For extra info, please go to the corporate’s web site at www.aeon.com.hk.
Subject: Press launch abstract
Supply: AEON Credit score Service (Asia) Firm Restricted
Sectors: Playing cards & Funds
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