Ho Bee Land Limited (SG:H13) has released an update.
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Ho Bee Land Limited has announced the issuance of its first green bond, valued at S$160 million, to support environmentally friendly projects. This marks a significant move under the company’s S$800 million note program, attracting a diverse pool of investors. Proceeds from the bond will bolster Ho Bee Land’s green initiatives as per its Green Finance Framework, which has earned a high rating from Moody’s for sustainability.
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