The notes have been granted approval-in-principle by the Singapore Exchange Securities Trading Limited.
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The manager of CapitaLand Integrated Commercial Trust (CICT) says CMT MTN, a wholly-owned subsidiary of CICT has issued $250 million worth of notes due Dec 7, 2032.
The notes, which are guaranteed by CICT’s trustee, HSBC Institutional Trust Services, will carry a coupon of 2.15% per annum that’s payable semi-annually in arrear, and will be drawn down under CICT’s $7 billion multicurrency medium term note programme.
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