Vallianz Holdings says it has exercised its rights to defer the payment of distribution for the US$22.5 million ($29.7 million) 4% senior perpetual securities.

The securities were issued under Vallianz’s $500 million multicurrency debt issuance programme.

SEE:Starhill Global REIT prices $100 mil perpetual securities with 3.85% coupon under $2 bil multicurrency debt issuance programme

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