Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust announced its successful pricing of the proposed issue of JPY 3,500,000,000 (approximately SGD 33.0 million1) 1.28% 7-year senior unsecured fixed rate notes due 2030 by Parkway Life MTN Pte. Ltd., under the SGD 500 million Multicurrency Debt Issuance Programme. The Series 008 Notes are expected to be issued on 28 August 2023.

Proceeds from the issue of the Series 008 Notes will be applied towards repurchasing the JPY 3,500,000,000 senior unsecured notes due in 2024 issued by the Issuer on 26 February 2018.