OUE Ltd. (SG:LJ3) has released an update.
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OUE Limited, through its wholly-owned subsidiary OUE Treasury Pte. Ltd., has successfully issued S$150 million in green notes at a 4.00% interest rate, due in 2029, under its S$3 billion Multicurrency Debt Issuance Program. The issuance is backed by a guarantee from OUE Limited and has received conditional approval for listing on the Singapore Exchange Securities Trading Limited, with expectations to be listed around 9 October 2024. This strategic move underlines OUE’s commitment to sustainable financing and growth.
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