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ARA H-Trust sets up S$800m debt issuance programme

Vivienne Tay

Vivienne Tay

Published Fri, Jan 24, 2020 · 09:50 PM

Singapore

ARA US Hospitality Trust (ARA H-Trust) has established an S$800 million multicurrency stapled debt issuance programme, it said on Friday morning.

Under the programme, ARA H-Trust will offer stapled notes and stapled perpetual securities in Singapore. Net proceeds from any issuance under the programme will be used for ARA H-Trust's general corporate purpose.

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