Parkway Life REIT completes 70 million Singapore dollars green note issue

SGX Filings
Yesterday

Parkway Trust Management Limited, manager of Parkway Life Real Estate Investment Trust, announced the completion of a 70 million Singapore dollars 2.103 per cent senior unsecured green note issuance due 2031 (Series 009) under its 500 million Singapore dollars multicurrency debt issuance programme.

The notes are unconditionally and irrevocably guaranteed by the trustee of Parkway Life REIT and are expected to begin trading on Singapore Exchange Securities Trading Limited at 9:00 a.m. on Mar, 02 2026.

United Overseas Bank Limited served as the sole lead manager and bookrunner for the offering.

The manager highlighted that an event of default would occur if it is removed and no replacement is appointed as stipulated in the trust deed. Facilities that could be affected by such a breach total about 915.1 million Singapore dollars, and no breach has occurred to date.

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