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Establishment of S$1 billion multicurrency term note programme and issue of $650 million sustainability-linked notes by Nanyang Technological University
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Allen & Gledhill advised Oversea-Chinese Banking Corporation Limited (“OCBC”) as arranger, and DBS Bank Ltd. (“DBS”) and United Overseas Bank Limited (“UOB”) as dealers, on the establishment of a S$1 billion multicurrency medium term note programme (“Programme”) and issue of $650 million sustainability-linked notes (“Notes”) by Nanyang Technological University (“NTU”).
The Notes were issued under NTU’s sustainability-linked bond framework, which is prepared to be in line with the Sustainability Linked Bond Principles 2020 by the International Capital Market Association.
Advising OCBC, DBS and UOB were Allen & Gledhill Partners Margaret Chin and Sunit Chhabra.