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IFC lends P14.5 B for ALI's green projects
July 21, 2024
|The Philippine Star
The International Finance Corp. (IFC) is lending up to P14.5 billion to property giant Ayala Land Inc. (ALI) to support the company’s efforts to decarbonize its commercial real estate portfolio.
In a statement, the private sector arm of the World Bank Group said it is investing up to P14.5 billion in the form of a sustainability-linked loan for ALI.
The loan forms part of a larger sustainability-linked financing program for ALI, which includes the issuance of its first sustainability-linked bond in the country.
هذه القصة من طبعة July 21, 2024 من The Philippine Star.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The Philippine Star
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