OUE REIT Management Pte. Ltd., manager of OUE Real Estate Investment Trust, said its wholly owned subsidiary OUE REIT Treasury Pte. Ltd. has priced an offering of 150 million Singapore dollars 2.75% green notes due 2032 under the trust’s two billion Singapore dollars Euro Medium Term Note Programme.
The notes, guaranteed by DBS Trustee Limited in its capacity as trustee of OUE REIT, will be issued at 100% of their principal amount on Oct, 08 2025 and will mature on Oct, 08 2032. Interest will be paid semi-annually at 2.75% per annum.
Oversea-Chinese Banking Corporation is sole global coordinator, while DBS Bank and Oversea-Chinese Banking Corporation are joint lead managers and bookrunners. OCBC also acts as green finance adviser.
OUE REIT and the notes are rated “BBB-” by S&P Global Ratings.
Net proceeds will be used to finance or refinance eligible green projects in line with the trust’s Green Financing Framework.
The issuer intends to list the notes on the Singapore Exchange on or about Oct, 09 2025 and seek recognition under the SGX Sustainable Fixed Income initiative.
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