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Parkway Life REIT Prices S$70 Million Green Notes to Refinance Sustainable Loan

Story Highlights
  • Parkway Life REIT is issuing S$70 million in senior unsecured green notes due 2031 at a fixed 2.103% coupon.
  • Proceeds will refinance an existing loan for eligible green projects, supporting the REIT’s sustainable financing strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Parkway Life REIT Prices S$70 Million Green Notes to Refinance Sustainable Loan

Meet Samuel – Your Personal Investing Prophet

Parkway Life Real Estate Investment ( (SG:C2PU) ) has provided an update.

Parkway Life REIT, through its subsidiary Parkway Life MTN Pte. Ltd., has priced a S$70 million issuance of senior unsecured green notes due 2031 under its S$500 million multicurrency debt issuance programme, carrying a fixed coupon of 2.103% and offered to institutional and accredited investors. The proceeds will be used to fully refinance an existing loan that funded eligible green projects under the REIT’s sustainable financing framework, reinforcing its alignment with green financing standards while seeking a listing of the notes on the Singapore Exchange to broaden its funding base and support long-term capital structure management.

The most recent analyst rating on (SG:C2PU) stock is a Buy with a S$5.45 price target. To see the full list of analyst forecasts on Parkway Life Real Estate Investment stock, see the SG:C2PU Stock Forecast page.

More about Parkway Life Real Estate Investment

Parkway Life Real Estate Investment Trust is a Singapore-based healthcare real estate investment trust focused on owning and managing income-producing properties in the healthcare sector. Its portfolio typically includes hospitals and related facilities, positioning it as a specialist REIT serving institutional and accredited investors in Asian capital markets.

Average Trading Volume: 771,331

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$2.65B

For an in-depth examination of C2PU stock, go to TipRanks’ Overview page.

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