CLCT prices $150m seven-year notes at 2.4%

The notes will be issued under the company’s $1b multicurrency debt issuance programme.

CapitaLand China Trust has priced $150m worth of notes due 2028 at 2.4%.

According to CLCT’s manager CapitaLand China Trust Management Limited, the notes will be issued under the company’s $1b multicurrency debt issuance programme

The notes will bear interest at a fixed rate of 2.4%. per annum, payable semi-annually in arrear and will mature on 29 June 2028.

The notes will be issued on 29 June at an issue price of 100%. of their principal amount, subject to the satisfaction of customary closing conditions.

The group plans to use the net proceeds from the issue of the notes for general corporate and working capital purposes, investment or refinancing of existing borrowings.

Follow the link s for more news on

CapitaLand

bourse filing

notes issuance

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia