NUS raises S$300m in its first green bond issuance
NUS has raised $300 million through its first green bond issuance, making it the first university in Asia to issue a green bond. The 10-year notes have a fixed coupon rate of 1.565 per cent and are expected to be rated Aaa by Moody’s. NUS has also launched a new green finance framework to provide the overarching criteria and guidelines for it to enter into green finance transactions such as green bonds and loans.
- CNA, 27 May 2020
- Money 89.3FM, 27 May 2020
- The Business Times, 28 May 2020, p19