SMU issues its inaugural Sustainability Bond, raising S$150 million to advance environmental and social initiatives

SMU Raises S$150 Million Sustainability Bond for Green, Social Projects - Fintech Singapore

Singapore Management University (SMU) has raised S$150 million through its inaugural Sustainability Bond, the first issued by an autonomous university in Singapore. The bond was issued on 28 July 2025 with a coupon rate of 2.022% and will mature on 28 July 2032. OCBC acted as the sole lead manager and bookrunner. Proceeds will be allocated according to SMU’s Sustainable Financing Framework introduced in June 2025. The framework, developed in col…

SMU issues its inaugural Sustainability Bond, raising S$150 million to advance environmental and social initiatives

SINGAPORE, July 28, 2025 /PRNewswire/ -- Singapore Management University (SMU) today announced that it has completed the issuance of a S$150 million Sustainability Bond. The proceeds of the Bond are earmarked for financing and refinancing green and social projects that deliver...