Sustainability Hedge

Hysan to cut energy usage by 20% under sustainability-linked forex swap

Hong Kong property company says it will make contribution to impact-driven charity if it’s not successful in meeting terms of a $125 million foreign-exchange swap.

Hysan Development has entered into a sustainability-linked foreign-exchange derivative hedge as part of its green finance ambitions, which would require for the Hong Kong property developer and manager to contribute to an impact-driven charity if it is unable to meet certain conditions.

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