By Aleesia Forni
Virginia Beach, April 8 – OUE Ltd. sold S$300 million of 3.8% five-year notes at par on Wednesday, according to a market source.
Pricing was at the tight end of guidance set in the 4% area.
Bookrunners for the Regulation S deal were Oversea-Chinese Banking Corp. Ltd. and Standard Chartered.
Singapore-based OUE is a diversified real estate owner, developer and operator.
| Issuer: | OUE Ltd.
|
| Amount: | S$300 million
|
| Description: | Notes
|
| Maturity: | April 15, 2020
|
| Bookrunners: | Oversea-Chinese Banking Corp. Ltd., Standard Chartered
|
| Coupon: | 3.8%
|
| Price: | Par
|
| Yield: | 3.8%
|
| Trade date: | April 8
|
| Distribution: | Regulation S
|
| Price guidance: | 4% area
|
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