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NTU unveils sustainability manifesto with $1 bil multicurrency bond facility

Jovi Ho
Jovi Ho • 3 min read
NTU unveils sustainability manifesto with $1 bil multicurrency bond facility
NTU is establishing a $1 billion medium-term note, with OCBC Bank as sole arranger.
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Singapore’s Nanyang Technological University (NTU) has unveiled its 15-year sustainability plan, aiming to halve the campus' carbon emissions by 2035.

Along with its sustainability manifesto, NTU is establishing a $1 billion medium-term note, with OCBC Bank as sole arranger. The bank will also serve as the university’s ratings and sustainability structuring advisor.

Moody’s Investors Service has announced NTU’s credit rating of ‘Aaa’, the highest available, along with a baseline credit assessment of ‘aaa’. Moody’s has also issued a “stable” rating outlook for NTU.

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