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Singapore firm Vena Energy sets new bar with inaugural green bond issuance

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Published Sun, Mar 29, 2020 · 09:50 PM

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SINGAPORE-based Vena Energy's maiden green bond issuance is a key milestone in Singapore's quest to become a global green finance hub, said industry observers.

This comes as the independent power producer in February became the first homegrown firm to offer US dollar-denominated green bonds, issuing US$325 million in five-year bonds with a fixed coupon of 3.133 per cent per annum.

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