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OUE to Raise S$150 Million via 3.25% Green Notes for Sustainable Projects

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OUE to Raise S$150 Million via 3.25% Green Notes for Sustainable Projects

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OUE Ltd. ( (SG:LJ3) ) has shared an announcement.

OUE Limited’s wholly owned subsidiary, OUE Treasury Pte. Ltd., plans to issue S$150 million in green notes due 2033 under its S$3 billion multicurrency debt issuance programme, with the notes unconditionally and irrevocably guaranteed by the parent company. The 3.25 per cent fixed-rate notes, to be listed on the Singapore Exchange, will fund or refinance projects aligned with international green bond and loan standards under OUE’s Green Finance Framework, reinforcing the group’s access to sustainable capital and signalling a continued commitment to environmentally focused investments.

The notes will be issued at par in S$250,000 denominations, pay semi-annual interest from November 2026 and mature in May 2033, with OCBC as sole global coordinator and several regional banks as joint lead managers and green finance structuring banks. By structuring this issuance as a green instrument and seeking SGX listing, OUE aims to broaden its investor base among sustainability-focused funds and enhance its positioning within the regional sustainable finance market, potentially lowering long-term funding costs and supporting future green developments.

More about OUE Ltd.

OUE Limited is a Singapore-based diversified real estate company with operations conducted through its subsidiaries. The group is active in property development, investment and hospitality assets, and it taps capital markets via a multicurrency debt issuance programme to support its financing needs.

YTD Price Performance: -7.56%

Average Trading Volume: 70,782

Technical Sentiment Signal: Sell

Current Market Cap: S$761.8M

For a thorough assessment of LJ3 stock, go to TipRanks’ Stock Analysis page.

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