OUE Commercial Real Estate Investment Trust (SG:TS0U) has released an update.
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OUE Commercial Real Estate Investment Trust has announced the pricing of S$120 million 3.90% Green Notes due 2031, which will be consolidated with existing notes under its S$2 billion Multicurrency Debt Issuance Programme. This offering, managed by Oversea-Chinese Banking Corporation and DBS Bank, is expected to be listed on the Singapore Exchange by November 22, 2024. With an S&P rating of ‘BBB-‘, these notes offer investors a semi-annual interest payout in a sustainable investment framework.
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