OUE REIT (SGX:TS0U), through its wholly owned subsidiary, OUE REIT Treasury, priced its offering of SG$120 million worth of 3.90% green bonds due 2031, according to a filing with the Singapore Exchange on Thursday.
The bonds will be consolidated to form a single series with the existing SG$180.0 million worth of 3.90% green bonds due 2031.
The additional bonds will be issued under the REIT's SG$2.0 billion multicurrency debt issuance program.