OUE turns back clock with $233m equity-linked combo

Singaporean property developer’s concurrent convertible and exchangeable bond sale is first of its kind in Asia in more than a decade. It faced a series of challenges to win over investors.

OUE owns Mandarin Orchard, a 36-storey upscale hotel in downtown Singapore

Danny Leung

March 14, 2018

Developer OUE has become the latest issuer to join a convertible debt hot streak in Asia ex-Japan as the Singaporean property firm raised S$305 million ($233 million) from two bond sales on Tuesday.

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Equity
Disruption
Banks
Debt
Southeast Asia

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#oue hospitality trust
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