Joint forces: A man walks past a logo of HSBC. A combined amount of up to US$150mil (RM628mil) of equity is in the pipeline to fund loans in the initial phase. —Reuters
SINGAPORE: HSBC Holdings and Singapore state investor Temasek are teaming up to set up a debt financing platform for sustainable infrastructure projects, with an initial focus on South-East Asia.
The two companies said in a joint statement that they would invest a combined amount of up to US$150mil (RM628mil) of equity to fund loans in the initial phase.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
