By William Gullotti
Buffalo, N.Y., June 29 – GLP Pte. Ltd. priced $300 million senior perpetual capital securities with an initial rate of 4.6%, according to a notice on Tuesday.
The lead managers and bookrunners for the securities are Mizuho Securities Asia Ltd., HSBC Ltd., Singapore Branch and United Overseas Bank Ltd.
The notes have an expected listing date of June 30.
GLP is a global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies. Headquarters are in Singapore.
Issuer: | GLP Pte. Ltd.
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Issue: | Green subordinated perpetual capital notes
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Amount: | $300 million
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Maturity: | Perpetual
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Bookrunners: | Mizuho Securities Asia Ltd., HSBC Ltd., Singapore Branch and United Overseas Bank Ltd.
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Coupon: | 4.6%
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Issue date: | June 29
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Listing date: | June 30
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