CapitaLand China Trust announced the issuance of 150 million Singapore dollars fixed-rate subordinated perpetual securities under its 1 billion Singapore dollars multicurrency debt issuance programme.
The offer attracted approximately 3.4 times subscription coverage, with about 52 per cent of the allocation going to fund managers and insurance companies and the remaining 48 per cent placed with private bank investors.
HSBC Institutional Trust Services (Singapore) Limited, acting as trustee of CapitaLand China Trust, is the issuer of the securities, which are expected to start trading on the Singapore Exchange on Sep, 22 2025 following in-principle listing approval.
The perpetual securities were offered outside the United States under Regulation S and in Singapore to institutional and accredited investors under Sections 274 and 275 of the Securities and Futures Act 2001.
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