243 views

CapitaLand Treasury issues $500m perpetual notes

Listing of the notes is expected to take place on 18 October.

CapitaLand Treasury, a wholly-owned subsidiary of a wholly-owned subsidiary of CapitaLand, has issued $500m in aggregate principal amount of fixed-rate subordinated perpetual notes under the $5b Euro Medium Term Note (EMTN) Programme established by the Issuer on 29 April, according to an SGX filing.

CapitaLand Treasury has received approval in principle from the Singapore Exchange Securities Trading Limited (SGX-ST).

CapitaLand announced that it will guarantee on a subordinated basis the due payment of all sums expressed to be payable by the issuer under the perpetual notes and the trust deed constituting the notes.

Listing of the notes on the SGX-ST is expected to take place on 18 October.  

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.