CMT issues S$100m in 10-year debt at 3.5%
THE manager of CapitaLand Mall Trust (CMT) on Thursday said CMT has issued S$100 million in 10-year fixed rate notes at a rate of 3.5 per cent per annum to institutional and accredited investors.
Funds from the debt issue will be used to refinance existing borrowings. The notes will be listed and quoted on the Singapore Exchange from 9am on Feb 26, 2016. The notes are due Feb 25, 2026.
The notes have been issued under the S$2.5 billion multi-currency medium-term note programme established by CMT in 2007.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Evergrande EV unit says its liquidators found a potential buyer
ECB’s Cipollone, Panetta see conditions for a June rate cut
Yangzijiang Financial says its maritime entry not a conflict of interest with shipbuilding unit
Trafigura faces off with aluminium bulls over huge metal stash
Seatrium bags S$11 billion in FPSO contracts from Petrobras
Pound boosted with BOE seen staying on hold until after election