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OUE REIT Launches S$180M Green Notes

OUE REIT Launches S$180M Green Notes

OUE Commercial Real Estate Investment Trust (SG:TS0U) has released an update.

Confident Investing Starts Here:

OUE Commercial Real Estate Investment Trust has successfully issued S$180 million in 3.90% Green Notes due 2031, under its S$2 billion Multicurrency Debt Issuance Programme. The notes, which were coordinated by Oversea-Chinese Banking Corporation Limited and are guaranteed by DBS Trustee Limited, are set to be listed on the Singapore Exchange Securities Trading Limited. This issuance marks a significant step for the company, but the notes will not be available in the U.S. or Singapore without registration or an exemption.

For further insights into SG:TS0U stock, check out TipRanks’ Stock Analysis page.

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