This is in relation to the announcement on Sept 10 by the manager on the pricing and offering of the perpetual securities, in which the rate of distribution is 3.95% per annum (p.a.) from Sept 19, 2025 to Sept 19, 2028, and for the period after will be at a rate equivalent to the three-year SORA-OIS which is 2.72% p.a.
The manager of CapitaLand China Trust Management (CLCT) has issued $150 million fixed rate subordinated perpetual securities under the multicurrency debt issuance programme on Sept 19.
The listing of the perpetual securities on the SGX-ST will take place on Sept 22.
