CLCT says that the net proceeds from the notes will be used for general corporate and working capital purposes, investment or refinancing of existing borrowings of the group.
The manager of CapitaLand China Trust (SGX:AU8U
) (CLCT) has priced RMB600 million ($110.28 million) 2.88% notes under its $1 billion multicurrency debt issuance programme, to be issued on Apr 17, according to a bourse filing.
The notes will mature on April 17, 2028, and are payable semi-annully. They will be made available to institutional inventors.
