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CICT issues $150 mil 3.088% fixed rate notes to institutional, accredited investors

Nicole Lim
Nicole Lim • 1 min read
CICT issues $150 mil 3.088% fixed rate notes to institutional, accredited investors
The proceeds from the notes which are part of its US$3 bil euro-medium term note programme will be used to finance eligible green projects. Photo: CapitaLand
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CapitaLand Integrated Commercial Trust (CICT) has issued $150 million 3.088% fixed rate notes due March 29, 2032 to institutional and accredited investors, according to a bourse filing on March 28. 

The notes are part of its US$3 billion ($4.02 billion) euro-medium term note programme established on March 29, 2010 and last updated on April 20, 2021. 

CICT says that the proceeds from the issue of the notes will be used to finance or refinance in whole or in part the eligible green projects undertaken by the group and in accordance with the CICT Green Finance Framework. 

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