20 Oct 2021

Establishment of S$1 billion medium term note programme and issuance of S$650 million 2.185% sustainability-linked notes due 2036

Partners Lee Xin Mei, Eugene Lee and Lee Weilin from Rajah & Tann Singapore advised Nanyang Technological University ("NTU") on the establishment of its S$1 billion multicurrency medium term note programme (the "Programme"), and its subsequent issuance of S$650 million 2.185% sustainability-linked notes due 2036 (the "Notes"), under the Programme. The Notes are the world's first publicly offered sustainability-linked bonds by a university.