Mapletree Logistics talks up to S$250 million perpetual notes at 4.18%

By Christine Van Dusen

Atlanta, May 16 – Mapletree Logistics Trust Management Ltd. set final talk at 4.18% for an offering of up to S$250 million of perpetual notes, a market source said.

DBS Bank and OCBC are the bookrunners for the deal.

The notes are non-callable for 5½ years.

The proceeds will be used for general corporate funding purposes.

Mapletree is a Singapore-based real estate investment trust.

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