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E7
Proceeds from the green bond will be used to fund or re-finance green projects such as the E7 building.
The National University of Singapore (NUS) has raised S$300 million from its second green bond after a strong reception to its inaugural issuance in May 2020. With a fixed coupon rate of 1.62 per cent, the 10-year notes were fully subscribed and will mature in 2031.
NUS holds a corporate rating of Aaa – the highest possible grade – from Moody’s Investors Service. United Overseas Bank Limited is the sole lead manager and bookrunner for the bond issuance.
The proceeds will go towards financing further green projects such as the E7 facility, which bridges research between the Engineering and Medical fields, the state-of-the-art Wet Science Building, as well as energy-related initiatives.
High costs and logistical issues: The challenges of greening Singapore s older buildings Toggle share menu
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High costs and logistical issues: The challenges of greening Singapore s older buildings
The exterior of The Adelphi, a retail and office building at the intersection of Coleman Street and North Bridge Road. (Photo: The Adelphi)
27 May 2021 09:48AM) Share this content
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SINGAPORE: A concrete grey exterior bearing signs of age gives away the fact that The Adelphi, at the heart of City Hall, is not the newest building on the block.
But housed within this retail and office development, built in 1985, are modern energy systems that have bagged it numerous top accolades.
Singapore leads green architecture and sustainable building design in Asia - here s why asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.