Green Bond Fact Sheet

National University of Singapore

Date: 30/06/2020

Issue date: 03-06-2020 Maturity date: 03-06-2030 Tenor: 10Issuer nameNational University ofSingapore

Amount issued

SGD300m/USD222m

Country of riskSingapore

CBI Database

Included

Issuer type1

Non-FinancialCorporate

Bond typeSr Unsecured

Green bond framework

Link to Framework

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

EY

Certification verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Starting from the first anniversary of its inaugural issuance National University of Singapore
will report on an annual basis until full allocation. For loans there will be a report to thelenders upon request.
The report may include the following information: the total amount of proceeds allocatedper eligible green project category, key projects financed, including their respective
descriptions and allocated amounts and unallocated amounts. If any, the impact report willcontain where relevant and feasible indicators that correspond with the appropriate
indicators for the projects being allocated as well as the generic campus sustainability
indicators.
National University of Singapore was established in 1980. In its current form it wascorporatised and established as a non-profit public company. The university has 29
university-level research institutes and centres.

Firsts, records andcertifications
Proceeds description

The framework covers the following eligible projects:•••••

Climate Bonds view

Underwriters
Deal comments

Green buildings/precinct: Buildings with green building certificates
Renewable energy and energy efficiency infrastructure and systems: Installation ofrenewable energy facilities such as solar panels, energy storage, fuel cells, smart gridand power automation
Sustainable water and wastewater management: Upgrading water related facilities forbetter efficiency
Pollution prevention and control: Purchasing of building material derived fromrecycled content, low-carbon emissions or certified by approved local certification
bodies as well as waste prevention, reduction and recycling
Environmentally sustainable management of living natural resources and land use:
Preservation or restoration of natural landscapes including biodiversity conservationand facility and infrastructure new build or upgrades that contribute to sustainability
related research programs including urban climate (vulnerability) studies

This is the first university in Asia to issue a green bond. The framework is very informativeand comprehensive, providing a good level of transparency for investors. Not many
universities have issued green bonds and most of the volume currently comes from the USand Australia. The National University of Singapore has raised one of the largest amounts offunding among all the universities active in the green bond market.
DBSCredit rating
Pricing summary•••

Yield: 1.565%
Coupon: 1.565%
Price: 100%

Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign