Tuesday, 31 March 2026
CTP has signed a dual tranche unsecured syndicated sustainability-linked loan totalling JP¥ 22.5 billion (approximately €122.5 million) and USD 180 million. The company stated that the proceeds will be used to support its development pipeline.
The facility has a five-year maturity and consists of two tranches: a yen-denominated tranche priced at TONA plus 115 basis points and a US dollar tranche priced at SOFR plus 135 basis points.
According to the company, the loan follows its debut Samurai financing in early 2025 and forms part of its efforts to diversify funding sources and increase the share of unsecured financing. The syndication was carried out across several Asian financial centres.
A total of 15 banks participated in the transaction. SMBC Group acted as sole coordinator, sustainability coordinator, bookrunner and mandated lead arranger.
The company stated that the syndication attracted interest from both existing and new lenders.
