By Rebecca Melvin
New York, Aug. 14 – AIMS APAC REIT has issued S$125 million of 5.65% subordinated perpetual securities, according to a Singapore Exchange listing notice.
The notes were issued through trustee HSBC Institutional Trust Services (Singapore) Ltd., and they will be listed effective Aug. 17.
United Overseas Bank Ltd. was bookrunner for the securities.
AIMS APAC owns industrial properties in Singapore and Australia.
Issuer: | HSBC Institutional Trust Services (Singapore) Ltd. (for AIMS APAC REIT)
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Issue: | Subordinated perpetual securities
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Amount: | S$125 million
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Maturity: | Perpetual
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Bookrunner: | United Overseas Bank Ltd.
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Coupon: | 5.65%
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Issue date: | Aug. 14
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Listing date: | Aug. 17
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