Issue of S$500 million green notes by Public Utilities Board
Allen & Gledhill advised CIMB Bank Berhad, Singapore Branch (“CIMB SG”), The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (“HSBC SG”) and Standard Chartered Bank (Singapore) Limited (“SCB”) on the issue of S$500 million 2.486% green notes due 2055 (“Notes”) by the Public Utilities Board (“PUB”).
The Notes will be used for the purpose of financing or refinancing new or existing eligible green projects under the PUB’s Green Financing Framework.
Advising CIMB SG, HSBC SG, and SCB were Allen & Gledhill Partners Margaret Chin and Sunit Chhabra.
