Green Bond Fact Sheet
Summary
Ascendas Real Estate Investment Trust issued a SGD100 million (USD103 million) senior unsecured green bond on August 26, 2020, with a 10-year tenor maturing in 2030. The bond was oversubscribed by 6.5 times and will be used to refinance 17 properties holding at least a BCA gold certification. The issuance was assured by EY and underwritten by OCBC Bank.
Key insights
- Ascendas Real Estate Investment Trust issued a senior unsecured green bond on August 26, 2020, for an amount of SGD100 million (approximately USD103 million) with a maturity date of August 26, 2030.
- The proceeds from the bond are designated to refinance 17 green properties that possess a minimum BCA (Building and Construction Authority) gold certification.
- The bond issuance saw strong institutional demand, becoming over 6.5 times oversubscribed from 47 different accounts.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-08_SP_Ascendas_Real_Estate_Investment_Trust.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-08_SP_Ascendas_Real_Estate_Investment_Trust.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=4 September 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-08_SP_Ascendas_Real_Estate_Investment_Trust.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2020-08_SP_Ascendas_Real_Estate_Investment_Trust.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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