OUE Commercial Real Estate Investment Trust (SG:TS0U) has released an update.
OUE Commercial Real Estate Investment Trust, through its subsidiary OUE REIT Treasury Pte. Ltd., has announced the pricing of its S$250 million Green Notes at 4.10% due in 2027 as part of a larger S$2 billion multicurrency debt program. The notes, which are to be listed on the Singapore Exchange Securities Trading Limited, will finance eligible green projects in line with established Green Bond and Green Loan Principles. The offering is coordinated by Oversea-Chinese Banking Corporation Limited and guaranteed by DBS Trustee Limited, with a BBB- rating from S&P Global Ratings.
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