Issue of S$1.1 billion fixed rate green notes by Housing and Development Board

A&G News 18 July 2022

Allen & Gledhill, as transaction counsel, advised Housing and Development Board (“HDB”) on the issue of S$1.1 billion fixed rate green notes due 2027 under its S$32 billion multicurrency medium term note programme.

The Issue was HDB’s second issuance of green bonds, proceeds of which are intended to be used to finance or refinance eligible green projects under the Project Category of Green Buildings and for such other purposes as set out in the Green Finance Framework of HDB.

Advising HDB were Allen & Gledhill Partners Margaret Chin, Fabian Tan and Sunit Chhabra.