OUE Commercial Real Estate Investment Trust (SG:TS0U) has released an update.
OUE Commercial Real Estate Investment Trust, through its subsidiary, has issued S$250 million in Green Notes at a 4.10% interest rate, maturing in 2027. The newly issued securities, part of a larger S$2 billion Multicurrency Debt Issuance Programme, are set to be listed on the Singapore Exchange Securities Trading Limited starting 18 June 2024. These notes are designed to attract investors interested in environmentally-friendly financial instruments but are not available for sale in the U.S. or Singapore without proper registration or exemption.
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