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CICT issues $250 mil in fixed rate notes due 2032 with 2.15% p.a. coupon

Felicia Tan
Felicia Tan12/7/2020 06:22 PM GMT+08  • 1 min read
CICT issues $250 mil in fixed rate notes due 2032 with 2.15% p.a. coupon
The notes have been granted approval-in-principle by the Singapore Exchange Securities Trading Limited.
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The manager of CapitaLand Integrated Commercial Trust (CICT) says CMT MTN, a wholly-owned subsidiary of CICT has issued $250 million worth of notes due Dec 7, 2032.

The notes, which are guaranteed by CICT’s trustee, HSBC Institutional Trust Services, will carry a coupon of 2.15% per annum that’s payable semi-annually in arrear, and will be drawn down under CICT’s $7 billion multicurrency medium term note programme.

SEE: CapitaLand forms $416.1 mil JV to scale multifamily asset portfolio in US

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