tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OUE REIT Prices S$150 Million Green Notes for Sustainable Projects

Story Highlights
OUE REIT Prices S$150 Million Green Notes for Sustainable Projects

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) just unveiled an announcement.

OUE REIT has announced the pricing of its S$150 million 2.75% Green Notes due 2032 under its S$2 billion Euro Medium Term Note Programme. The issuance, guaranteed by DBS Trustee Limited, is aimed at financing or refinancing eligible green projects, aligning with international green finance standards. Oversea-Chinese Banking Corporation Limited and DBS Bank Ltd. are leading the offering, with the Notes expected to be listed on the Singapore Exchange. This move underscores OUE REIT’s commitment to sustainable investment practices and strengthens its position in the green finance market.

The most recent analyst rating on (SG:TS0U) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on OUE Commercial Real Estate Investment Trust stock, see the SG:TS0U Stock Forecast page.

More about OUE Commercial Real Estate Investment Trust

OUE Commercial Real Estate Investment Trust (OUE REIT) is a real estate investment trust established under the laws of Singapore. It focuses on investing in a diverse portfolio of commercial properties, primarily in the office and retail sectors. The trust aims to provide stable returns to its stakeholders through strategic property acquisitions and management.

Average Trading Volume: 3,326,670

Technical Sentiment Signal: Buy

Current Market Cap: S$1.87B

Learn more about TS0U stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1