CapitaLand launches perpetual deal
CAPITALAND has launched a new perpetual issue on Thursday, and orders have already exceeded S$500 million. Read more at The Business Times.
CAPITALAND has launched a new perpetual issue on Thursday, and orders have already exceeded S$500 million.The deal launched at 9am is a perpetual issue non-callable five years with an initial price guidance in the 3.85 per cent area, in a term sheet seen by
The Business Times.Orders for the issue exceeded S$500 million in an update released around noon.The issuer CapitaLand Treasury Limited is a unit of CapitaLand, one of Asia's largest property group. CapitaLand Limited is the guarantor.In August, CapitaLand sold S$800 million of 10-year notes, with the order book recording about S$1.4 billion from over 65 accounts.Read more: The Business Times »
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