The Business Times

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

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.

    Mapletree Pan Asia Commercial Trust

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