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CapitaLand Commercial Trust issues 10b yen maiden green bond
Published Mon, Dec 16, 2019 · 09:50 PM
Singapore
CAPITALAND Commercial Trust (CCT) on Monday issued 10 billion yen (S$123.7 million) in eight-year unsecured bonds, bearing a fixed coupon of 0.729 per cent per annum.
This is its first green bond, issued under a new sustainability financing framework set up by CCT's manager to allow the real estate investment trust (Reit) to secure funding from sustainability-centric investors and diversify its funding sources.
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