Archive · 28 Jul 2025
SMU Issues Inaugural Sustainability Bond for Green and Social Projects
Imagine a school, SMU, that wants to help the environment and people.
They borrowed S$150 million by selling a special bond.
This money will be used for projects that help the environment and support students from low-income families.
It's like the school is investing in a better future.
This is the first time a university in Singapore has done this.
The money will go towards things like energy-efficient buildings and programs to help students.
The school has a plan to make sure the money is used well.
It's a way for the school to show it cares about the world and its students.
SMU issued a S$150 million Sustainability Bond, the first of its kind by a Singaporean AU.
The bond proceeds will fund green and social projects, as outlined in SMU's Sustainable Financing Framework.
The bond was issued on July 28, 2025, with a 2.022% coupon rate and matures on July 28, 2032.
OCBC was the Sole Lead Manager and Bookrunner for the bond issuance.
SMU's framework received a 'Very Good' Sustainability Quality Score (SQS2) from Moody’s.
- Who
- Singapore Management University (SMU).
- What
- SMU issued a S$150 million Sustainability Bond.
- When
- Issued on July 28, 2025; Framework established in June 2025.
- Where
- Singapore.
- Why
- To finance green and social projects, aligning with sustainability goals.
- Bond Amount
- S$150 million
- Coupon Rate
- 2.022%
- Maturity Date
- July 28, 2032
- Lead Manager
- OCBC
- Framework Rating
- SQS2 (Very Good)
- SMU Credit Rating
- Aaa (Moody's)