Chicago, June 13 – Mapletree Industrial Trust Treasury Co. Pte. Ltd. priced two series of notes on Tuesday, according to an announcement.
The issuer priced ¥6.5 billion of 1.686% series 003 notes due 2035 at par.
Additionally, ¥10 billion of 1.85% series 004 notes due 2038 were sold at par.
The notes will be guaranteed by DBS Trustee Ltd.
The notes will be issued under the trust’s S$2 billion euro medium-term securities program established on Sept. 5, 2018.
Proceeds will used to partially fund the proposed acquisition of the data center in Osaka, Japan, to refinance existing borrowings and for general working capital.
Mapletree Industrial is a Singapore-based industrial real estate investment trust.
| Issuer: | Mapletree Industrial Trust Treasury Co. Pte. Ltd.
|
| Guarantor: | DBS Trustee Ltd.
|
| Amount: | ¥16.5 billon
|
| Issue: | Notes
|
| Trade date: | June 13
|
| Settlement date: | June 27
|
|
|
| Series 003 notes
|
| Amount: | ¥6.5 billion
|
| Issue: | Series 003 notes
|
| Maturity: | June 27, 2035
|
| Coupon: | 1.686%
|
| Price: | Par
|
| Yield: | 1.686%
|
|
|
| Series 004 notes
|
| Amount: | ¥10 billion
|
| Issue: | Series 004 notes
|
| Maturity: | June 27, 2038
|
| Coupon: | 1.85%
|
| Price: | Par
|
| Yield: | 1.85%
|
|
|
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