Ho Bee Land issues $160m green notes at 4.25%

The notes will mature on 11 July 2029.

Ho Bee Land has priced $160m of fixed-rate green notes at 4.35% per annum, payable semi-annually in arrears.

The notes will be issued on July 11 in bearer form and in denominations of $250,000 each, with a maturity date of 11 July 2029.

The Series 001 notes are under the $800m Multicurrency Medium Term Note Programme.

The company will use net proceeds from this issue to fund or refinance eligible green projects in its Green Finance Framework.

DBS, OCBC, and HSBC are the appointed managers for this issue.

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Ho Bee Land Limited

notes issuance

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