UOB arranges NUS’ $340m 10-year green bond

It has a coupon rate of 3.268% and will be issued on 31 March 2023.

UOB was the sole lead manager and sole bookrunner for the National University of Singapore’s S$340m 10-year green bond.

The bond has a coupon rate of 3.268% and will be issued on 31 March. UOB expects the bond to be rated Aaa by Moody’s Investors Services.

For comparison, the 10-year Singapore Government Securities (SGS) was trading around 2.88% on 21 March 2023.

ALSO READ: UOB CEO Wee Ee Cheong earned S$14.23m in 2023

This is the first bond from a public sector issuer in the SGD market this year, UOB said.

The issuance is reportedly testament to NUS’ solid credit quality and strong standing in the fixed income market, the bank said in a press statement announcing the bond’s imminent issuance.

Follow the link for more news on

UOB

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