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CapitaLand unit prices S$800m 10-year notes at 3.15%
Published Fri, Aug 23, 2019 · 09:50 PM
Singapore
A UNIT of CapitaLand has closed the order book for S$800 million of 10-year notes, with the order book recording about S$1.4 billion from over 65 accounts which will be good at reoffer, sole global coordinator DBS said on Friday.
The senior unsecured notes, issued by subsidiary CapitaLand Treasury, carry a coupon of 3.15 per cent per annum, 144 basis points above the 10-year swap offer rate.
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