OUE REIT Completes its First Investment Grade Green Notes Issuance - Initial Target Size 3.2 times Oversubscribed
OUE REIT Management Pte. Ltd., in its capacity as manager (the “Manager”) of OUE Real Estate Investment Trust (formerly known as OUE Commercial Real Estate Investment Trust) (“OUE REIT”), wishes to announce that OUE REIT’s wholly-owned subsidiary, OUE REIT Treasury Pte. Ltd. (formerly known as OUE CT Treasury Pte. Ltd.) has successfully completed the issuance of its S$250 million inaugural green notes (the “Notes”) at a 4.10% fixed rate due 2027. S&P Global Ratings has assigned a “BBB-” rating to the Notes.
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