SINGAPORE (May 4): Mapletree, the property development, investment and capital management group, has launched and priced $700 million worth of of 3.95% perpetual securities, as part of its US$5 billion Euro Medium Term Note Programme.

The largest Singdollar-denominated perpetual issue this year, Mapletree Treasury Services received orders worth over $1.9 billion, being a subscription rate of 2.7 times, with participation from more than 70 high quality investors.

Mapletree Treasury Services is the wholly-owned subsidiary of Mapletree Investments.

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