According to the Bank’s website, CapitaLand Ascott Trust (CLAS) is the largest hospitality trust in Singapore and Asia Pacific, with an asset size of S$7.6 billion as of June 30, 2022. CLAS is listed on the Singapore Exchange (“SGX”) and has an investment property portfolio that comprises mainly serviced residences, hotels, rental housing properties and student accommodation assets globally.
IFC is proposing to invest up to US$115 million equivalent in a proposed up to 7-year sustainability-linked bond (“SLB”) issued by Ascott REIT MTN Pte. Ltd. under its S$2 billion Multicurrency Debt Issuance Programme.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||CAPITALAND ASCOTT TRUST MANAGEMENT LIMITED||Client||-|
CapitaLand Ascott Trust Management Limited
Mr. Jordan Aw Yong
Vice President Finance
+65 6713 2220
168 Robinson Road, #30-01 Capital Tower, Singapore 068912
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org