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Published on 1/11/2016 in the Prospect News Emerging Markets Daily.

Singapore’s Ascendas sets talk at 3.65% area for Singapore dollar notes due in seven years

By Christine Van Dusen

Atlanta, Jan. 11 – Ascendas Real Estate Investment Trust set talk in the 3.65% area for a Singapore dollar-denominated offering of notes due in seven years, a market source said.

DBS, Mizuho Securities, OCBC Bank and UOB are the bookrunners for the Regulation S deal.

Ascendas is a business space and light industrial real estate investment trust with a diversified portfolio of 17 properties in Singapore.


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