OUE CREIT launches $2b multicurrency debt issuance programme

Proceeds may be used partly for refinancing the trust’s borrowings.

A trustee and a wholly-owned subsidiary of OUE Commercial REIT (OUE CREIT) have established a $2b multicurrency debt issuance programme, according to an SGX filing.

Under the programme, DBS Trustee and OUE CT Treasury may from time to time issue notes and perpetual securities denominated in Singapore dollars or any currency as agreed between the issuer and dealers.

The issuers expect to use the net proceeds from the programme for purposes including refinancing of the REIT’s existing borrowings, general corporate funding and general working capital purposes of the group.

Securities issued by OCTPL will be unconditionally and irrevocably guaranteed by the trustee. OUE CREIT has also appointed OCBC and Standard Chartered Bank (Singapore) Limited as the arrangers and dealers of the programme.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia