OCBC Hong Kong and Guotai Junan International 

complete Hong Kong and Mainland China’s 

first Multi-Currency Sustainability-Linked Loan in securities brokerage industry

【Hong Kong, 31 January 2024】OCBC Bank (Hong Kong) Limited ("OCBC Hong Kong") and Guotai Junan International Holdings Limited (“Guotai Junan International”; Stock Code: 1788.HK) are pleased to announce the completion of Hong Kong and Mainland China’s first multi-currency sustainability-linked loan in the securities brokerage industry.

OCBC Hong Kong is the sole lender and sustainability advisor of this HKD500 million (or USD/RMB equivalent) revolving credit facility, which is tied to a set of predetermined ESG (Environmental, Social and Governance) targets of Guotai Junan International, including growing its fundraising business for projects with environmental impact and increasing ESG-themed training and development for employees, addressing material ESG issues in the securities brokerage industry.

Guotai Junan International will benefit from interest savings for the loan when the predetermined ESG targets are achieved. The annual performance of these ESG metrics will be verified by an external and independent reviewer, which is in line with the internationally recognised Sustainability-Linked Loan Principles.

Mr. Johnny Wei, Head of Wholesale Banking of OCBC Hong Kong, said, “This market-first multi-currency sustainability-linked loan in the securities brokerage industry affirms OCBC’s strategy of innovating and supporting diversified industries on their ESG journeys. As a leading bank for sustainable finance across ASEAN and Greater China, we are delighted to support Guotai Junan International in setting an example for the sector.  We continue to drive sustainable development together with clients and pioneer bespoke financing solutions that help clients achieve their sustainability aspirations.”

Dr. Fung Yim, Chairman, Executive Director of Guotai Junan International, said, “Sustainability is an important element of our strategic development, we have been incorporating ESG concepts in daily operation and management. Being the first securities company in Hong Kong and Mainland China to secure a sustainability-linked loan, we have reaffirmed our determination and commitment to promote the sustainable development for ourselves, as well as the whole industry. At the same time, this industry-first sustainability-linked loan also demonstrates the advancement of Guotai Junan International’s ESG development. We will continue to adhere to the concept of ‘Achieving the Good with Finance’ and strive to build a responsible comprehensive financial platform to create long-term value for investors and the entire society.”

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