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CRCT, Suntec Reit go to market with perps offering
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Vivienne Tay
Published Tue, Oct 20, 2020 · 09:50 PM
Singapore
TWO new perpetual securities from real estate investment trusts (Reits) are coming to the market.
CapitaLand Retail China Trust (CRCT) on Tuesday priced S$100 million in subordinated perps, which have no fixed redemption date, with distribution at 3.375 per cent annually for five years.
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