Cromwell European REIT (CEREIT)’s wholly-owned subsidiary Cromwell EREIT Lux Finco S.a.r.l. has priced €300 million ($478.2 million) worth of five-year senior unsecured notes due November 2025.

The notes, which are issued under CEREIT’s newly established €1.5 billion euro medium term note programme (EMTN Programme), will carry a coupon of 2.125% per annum and a reoffer yield of 2.161%.

The notes are expected to be issued on Nov 19 and dual-listed on the Singapore Exchange Securities Trading Limited (SGX-ST) and the Luxembourg Stock Exchange.

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