City Developments’ (CDL) largest component for interest-bearing borrowings are term loans. Of these, 6.6% are secured, with debt costs at 1.13% to 6.46% versus 2.97% to 5.56% a year ago (2022). For the 93.4% unsecured term loans, costs range from 0.83% to 6.63%, up from 0.36% to 5.22% in 2022.
Table 1 shows CDL’s bonds that are maturing. Charts 1A and 1B, which contain data from the latest annual report, show the breakdown of interest-bearing borrowings.
