HONG KONG, Oct. 7, 2024 /PRNewswire/ -- Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) and a syndicate solely led by MUFG Bank Ltd. ('MUFG') have signed a five-year HK$1 billion syndicated Sustainability-linked & Social Term Loan Facility ('Facility'). This Facility is a first-of-its-kind ESG-linked syndicated loan structure in the Asia Pacific, validating KLN's pioneer position in the logistics sector and commitment to Environment, Social and Governance ('ESG').

MUFG acted as the sole Mandated Lead Arranger, Bookrunner and Underwriter and Sustainability & Social Loan Structuring Advisor in the Facility. The oversubscribed transaction showcases MUFG's unparalleled syndication arrangement and ESG structuring capabilities, while leveraging its deep relationship network to broaden the investor base for clients.