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OUE C-REIT to refinance existing debt with new $978 million sustainability-linked loan

The Edge Singapore
The Edge Singapore8/17/2022 10:23 PM GMT+08  • 2 min read
OUE C-REIT to refinance existing debt with new $978 million sustainability-linked loan
The Hilton Singapore Orchard, one of the key assets of the REIT / Photo: OUE
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OUE Commercial REIT has obtained an unsecured sustainability-linked loan totalling $978 million from a consortium of to refinance existing debt.

The loan was oversubscribed by 1.26 times with interest from 19 banks.

The loan was syndicated by a consortium of four lead arrangers and bookrunners – CIMB Bank Singapore, Maybank Singapore, OCBC Bank and Standard Chartered Bank.

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