ARA Logistics Trust redeems, cancels S$100 million 5½% perpetuals

By Mary-Katherine Stinson

Lexington, Ky., Feb. 1 – ARA Logos Logistics Trust Management Ltd. announced it completed the previously announced redemption of its S$100 million 5½% subordinated perpetual securities series 1 (ISIN: SG7MA2000006) issued by HSBC Institutional Trust Services (Singapore) Ltd., according to a notice.

The securities were redeemed at par plus any accrued distribution on the first call date of Feb. 1.

They were originally issued on Feb. 1, 2018 under the S$1 billion multicurrency debt issuance program of ALOG Trust.

Bank of New York Mellon, Singapore Branch is the trustee.

The securities will be canceled and delisted.

ALOG Trust, formerly known as ARA Logos Logistics Trust and Cache Logistics Trust, is a Singapore-based real estate investment trust.

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