Moody’s Investors Service has assigned a Baa2 rating to the notes, the same as MPACT’s long-term issuer rating. DBS and Oversea-Chinese Banking Corporation (OCBC) have been appointed as joint lead managers and joint bookrunners for the issue of the notes.
The manager of Mapletree Pan Asia Commercial Trust (MPACT) has priced $200 million fixed rate senior green notes due 2032 at 2.45% per annum (p.a.).
This is part of the REIT’s $5 billion Euro Medium Term Securities Programme, which was established on Sept 27, 2022.
