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