Sunway REIT unit picks OCBC to coordinate RM10b debt note

Managing director, senior banker client coverage and head of investment banking at OCBC Bank, Tan Ai Chin, said the bank was honoured to have been given the opportunity to helm Sunway REIT’s maiden venture into the sphere of sustainable financing.

KUALA LUMPUR: Sunway Real Estate Investment Trust’s (Sunway REIT) unit has mandated OCBC Bank (Malaysia) Bhd to coordinate its RM10bil debt note programme.

SunREIT Unrated Bond Bhd (SUB), which is a special purpose vehicle incorporated for the fundraising on behalf of Sunway REIT, picked OCBC Malaysia as the sustainability structuring coordinator of the unrated medium term notes (MTN) programme.