The Business Times
business-time-50

Mapletree Pan Asia Commercial Trust to redeem S$118 million in 3.5% notes

google-preferred-sourceAdd BT as a preferred source
Janice Lim

Janice Lim

Published Wed, Mar 22, 2023 · 11:43 PM
    • Mapletree Business City. The manager of Mapletree Pan Asia Commercial Trust says that Mapletree North Asia Treasury Company has fully redeemed S$117.8 million of 3.5 per cent notes.
    • Mapletree Business City. The manager of Mapletree Pan Asia Commercial Trust says that Mapletree North Asia Treasury Company has fully redeemed S$117.8 million of 3.5 per cent notes. PHOTO: BT FILE

    THE manager of Mapletree Pan Asia Commercial Trus t (MPACT) said that Mapletree North Asia Treasury Company had fully redeemed S$117.8 million of 3.5 per cent notes due on Wednesday (Mar 22).

    These were issued in March 2016 under the US$1.5 billion Euro Medium Term Securities Programme established in May 2013.

    MPACT had redeemed S$2.3 million of these notes in August 2022.

    Units of MPACT closed at S$1.77 on Wednesday, up 2.9 per cent or S$0.05.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Mapletree Pan Asia Commercial Trust

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

    Canada’s fight with the US has far bigger stakes than trade

    Vertical solar panels integrated into buildings are cited as one of several examples of green pathways that data centres can adopt.

    Singapore’s new data centres must use renewables. Can they overcome the hurdles?

    The peso has fallen about 7% since the onset of the US-Iran conflict on Feb 28, emerging as one of Asia’s worst performers.

    Record remittances fail to shield Philippine peso’s slide from mounting pressures

    SIA holds a 25.1% stake in Air India, whose majority shareholder is Indian company Tata Sons.

    Air India investment has ‘not adversely affected’ SIA’s ability to serve Singaporeans for now: Jeffrey Siow

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More