Important notice:  For up to date information about the pandemic visit 
Corporate and Investment
Sign in
Corporate and Investment Bank
Products and Services
Products and Services
Transactional Products and Services
Cash Management
Trade Finance
Investor Services
Swift for Corporates
Transactional Channel including Business Online
Treasury Management Services
Global Markets
Client Solutions
Commodity Trading
Credit Trading
Equity Derivatives
Exchange Traded Products
Foreign Exchange
Interest rates trading and structuring
Money Market Instruments
Investment Banking
Debt Capital Markets
Equity Capital Markets
Debt Solutions
Principal Finance
Sustainable Finance
Wealth and Investment

Landmark sustainability-linked loan indicates a shift towards sustainable finance solutions

28 Aug 2020

South Africa
Real Estate
Business Unit
Real Estate Finance | Sustainable Finance
Specific Role
Sole Arranger and Lender
This JSE-listed real estate investment trust (REIT) has closed a sustainability-linked loan with us aimed at promoting the achievement of various environmental, social and corporate governance (ESG) targets.

Equites and Standard Bank have concluded a R1.6 billion sustainability-linked facility agreement comprising of two R800 million tranches. The interest rate is linked to Equites’ achievement of certain pre-agreed ESG performance targets. 

These target areas include: ESG integration, which relates to green building certifications and other metrics; product governance, which partly relates to occupier satisfaction; business ethics; and human capital, which partly relates to gender pay equality outcomes.