The issuer may choose to redeem all of the notes, at its option, at any time at 100% of their principal amount plus accrued and unpaid interest if the amount outstanding is less than 10% of the principal amount originally issued.
The manager of OUE (SGX:LJ3
) REIT has priced $180 million of green notes under its $2 billion multicurrency debt issuance programme.
The notes will bear an interest rate of 3.9% per annum and interest on the notes will be payable semi-annually in arrear. The notes are set to mature on Sept 26, 2031.
