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Published on 3/26/2010 in the Prospect News Emerging Markets Daily.

New Issue: Singapore's Mapletree Logistics Trust sells S$20 million 3.295% five-year notes

By Jennifer Chiou

New York, March 26 - Mapletree Logistics Trust Management Ltd. announced that its MapletreeLog Treasury Co. Pte. Ltd. unit issued S$20 million of fixed-rate notes due March 26, 2015.

Mapletree said the notes bear interest at 3.295% per year, payable semiannually.

The notes are the eighth issue under the company's S$1 billion multi-currency medium-term notes program.

Standard Chartered Bank is the lead manager.

Proceeds will be used for refinancing.

Based in HarbourFront Centre, Singapore, the company is an Asia-focused logistics real estate investment trust.

Issuer:MapletreeLog Treasury Co. Pte. Ltd.
Issue:Fixed-rate notes
Amount:S$20 million
Maturity:March 26, 2015
Underwriter:Standard Chartered Bank
Coupon:3.295%, payable semiannually
Settlement date:March 26

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