HONG KONG, June 21, 2022 – (ACN Newswire) – EC Healthcare (the “Company”, which in conjunction with its subsidiaries is customarily known because the “Neighborhood”, SEHK stock code: 2138), the wonderful non-health center medical community in Hong Kong*, is chuffed to yell the signing of its first sustainability-linked facility (“SLL Facility”) totalling HK$ 700 million with The Hongkong and Shanghai Banking Corporation Puny (“HSBC”) as sole lender and sustainability structuring bank.
The inaugural twin-tranche SLL Facility is a indispensable-of-its-form for a healthcare companies provider in Hong Kong, complementing the Neighborhood’s established map as a number one alternate pioneer and reaffirming the significance of sustainability within the Neighborhood’s future inform arrangement. The SLL Facility is created from revolving credit rating and a duration of time loan, and the proceeds shall be frail for working capital.
The Neighborhood is committed to the United International locations 2030 Sustainable Vogue Targets and has developed a form of particular targets against each of the environmental, social, and governance (“ESG”) capabilities. These consist of lowering vitality consumption, increasing employee engagement, and reaching a globally identified same old in the case of corporate governance.
SGS Hong Kong Puny, a number one sustainability consultancy agency, acted as ESG consultant on the SLL Facility.
Ms. Ada Wong, Executive Director, Chief Diagram Officer & Chief Funding Officer of EC Healthcare mentioned, “This maiden sustainability-linked facility is a needed milestone and represents one other courageous step within the Neighborhood’s sustainability slip. Because the main healthcare and medical companies provider in Hong Kong, this transaction reflects the Neighborhood’s desire to integrate sustainable pattern into its core alternate arrangement as well to implement handiest practices into the on an extended-established basis operations of its varied producers. We’re ecstatic to align the Neighborhood’s financing arrangement with a form of impactful ESG desires, reinforcing our dedication to sustainability within the long duration of time. We’re livid to self-discipline the stage for subsequent sustainable finance transactions within the Hong Kong healthcare market.”
About EC Healthcare
EC Healthcare is Hong Kong’s wonderful non-health center medical carrier provider*, leveraging its core firms of preventive and precision medication, and committed to increasing medical synthetic intelligence by integrating its multi-disciplinary medical companies. The transfer, which is supported by the Neighborhood’s high-discontinue branding and quality buyer companies, is geared toward providing customers protected and efficient healthcare and medical companies with professionalism. The Neighborhood is a constituent stock of the Hang Seng Composite Index and the MSCI Hong Kong Puny Cap Index.
The Neighborhood largely engages within the provision of one-discontinue medical and effectively being care companies in Bigger China. The Neighborhood gives a plump vary of companies and merchandise below its basic producers, including these of its one-discontinue stunning medical solutions provider DR REBORN which has ranked first in Hong Kong by sales for years, a legitimate hair care center HAIR FOREST, indispensable care clinics jointly established with effectively being management centre re:HEALTH, a vaccine centre Hong Kong Professional Vaccine HKPV, Identical old outpatient health center Tencent Doctorwork, the wonderful one-discontinue misfortune management centre in Hong Kong Contemporary York Clinical Neighborhood, the excellent dental centres Bayley & Jackson Dental Surgeons, EC DENTAL CARE and Health and Care Dental Sanatorium, an developed diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day diagram centre HKMED, a strong point health center PREMIER MEDICAL CENTRE, SPECIALISTS CENTRAL and NEW MEDICAL CENTER, a paediatric centre PRIME CARE, a gynaecology specialist ZENITH MEDICAL CENTER AND PRENATAL DIAGNOSIS CENTRE, PathLab Clinical Laboratories, Ophthalmology Center VIVID EYE and EC Veterinary Health facility and Imaging Center.
*Per neutral be taught conducted by Frost and Sullivan when it comes to earnings in 2020 and 2021