Oversea-Chinese Banking Corporation Limited (OCBC) is the sole global coordinator, while DBS Bank Ltd., and OCBC are the joint lead managers and bookrunner of the offering of the notes.
The manager of OUE REIT (SGX:TS0U
) says the REIT’s wholly-owned subsidiary, OUE REIT Treasury, has issued its maiden seven-year green notes of $180 million at a 3.90% fixed rate due 2031.
The notes were issued under the REIT’s $2 billion multicurrency debt issuance programme and are rated “BBB-” by S&P Global Ratings, according to a prior announcement on Sept 19.
