The notes are issued at an issue price of 100% of their principal amount in denominations of $250,000. They are expected to be issued on March 27, 2025 and will mature on March 27, 2031.
The manager of Suntec REIT has launched and priced $175 million 3.40% notes due 2031 for corporate purposes, refinancing of existing borrowings, financing/refinancing acquisitions among other reasons.
The notes will be issued under the US$2 billion Euro Medium Term Securities Programme established on Aug 15, 2013. DBS and UOB have been appointed as the joint lead managers for the issue of the notes.
