The manager of AIMS APAC REIT has priced $250 million worth of subordinated perpetual securities (or the Series 003 perpetual securities) on Sept 1.

The securities will be issued under the REIT’s $750 million multicurrency programme and will bear a coupon rate of 5.375% per annum.

The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC), Oversea-Chinese Banking Corporation Limited (OCBC) and United Overseas Bank Limited (UOB) were the joint lead managers.

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