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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.
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About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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