The notes have been issued under the $7 billion Multicurrency Medium Term Note Programme (MTN programme).
The proceeds from the issue of the notes will be used by CMT MTN, as well as CICT and its subsidiaries to refinance the group’s existing borrowings.
SEE:CapitaLand Integrated Commercial Trust issues HK$713 mil notes with 2.53% p.a. coupon due 2033
The proceeds will also be used to finance the investments in CICT, and more.
Approval-in-principle for the listing and quotation of the notes has been granted by the SGX-ST.
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Units in CICT closed 1 cent lower or 0.5% down at $2.09 on March 8.
