Under the programme, the trustee, as well as the companies listed above, may issue notes or perpetual securities denominated in any currency.
The payment obligations to MPACT TCo, MPACT Spore-TCo, MPACT HK-TCo and any new issuer under the securities will be unconditionally and irrevocably guaranteed by the REIT’s trustee.
DBS Bank and Oversea-Chinese Banking Corporation (OCBC) were appointed as arrangers of the programme, while DBS, OCBC, CIMB Bank Berhad, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC), Mizuho Securities Asia Limited and United Overseas Bank (UOB) were the initial dealers of the programme.
Units in MPACT closed 2 cents lower or 1.12% down at $1.76 on Sept 27.