Sunway REIT unit picks OCBC to coordinate RM10b debt note

TheStar Thu, Jun 24, 2021 11:09am - 2 years View Original


Managing director, senior banker client coverage and head of investment banking at OCBC Bank, Tan Ai Chin, said the bank was honoured to have been given the opportunity to helm Sunway REIT’s maiden venture into the sphere of sustainable financing.

KUALA LUMPUR: Sunway Real Estate Investment Trust’s (Sunway REIT) unit has mandated OCBC Bank (Malaysia) Bhd to coordinate its RM10bil debt note programme.

SunREIT Unrated Bond Bhd (SUB), which is a special purpose vehicle incorporated for the fundraising on behalf of Sunway REIT, picked OCBC Malaysia as the sustainability structuring coordinator of the unrated medium term notes (MTN) programme.

Sunway REIT is one of the largest diversified real estate investment trusts in Malaysia, with a portfolio of 18 strategically located assets across award-winning integrated townships in key locations within the Klang Valley, Penang and Perak.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

SUNREIT 1.550
SUNWAY 3.380
SUNWAY-PA 3.080

Comments

Login to comment.