OUE REIT Raises 150 Million Singapore Dollars Through 2.75% Seven-Year Green Notes

SGX Filings10-08

OUE Real Estate Investment Trust announced on Oct, 08 2025 that its wholly owned subsidiary, OUE REIT Treasury Pte. Ltd., has issued 150 million Singapore dollars of seven-year investment-grade green notes at a fixed coupon of 2.75% due 2032.

The notes, rated “BBB-” by S&P Global Ratings, were issued under the trust’s 2 billion Singapore dollars Euro Medium Term Note Programme. Investor demand produced a peak orderbook of 412.8 million Singapore dollars—about 2.8 times the deal size—allowing pricing to tighten by 30 basis points from the initial 3.05% guidance; 80% of the allocation went to institutional investors.

Following the issuance and the refinancing of OUE Bayfront completed in Aug, 2025, the weighted average cost of debt is projected to decrease to 4.0% per annum from 4.2%, while the weighted average debt maturity is expected to extend to 3.6 years from 2.7 years. Only 16.2% of the trust’s total debt will now be due in 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment