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 its S$180 million Green Notes at 3.90% interest, maturing in 2031, under its S$2 billion Multicurrency Debt Issuance Programme. The issuance will be guaranteed by DBS Trustee Limited and is set for listing on the Singapore Exchange on or about September 27, 2024. The notes are rated ‘BBB-‘ by S&P Global Ratings and are aimed at supporting green initiatives, with the issuance advised by Oversea-Chinese Banking Corporation Limited.
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