By William Gullotti
Buffalo, N.Y., Sept. 15 – Keppel REIT Management Ltd. priced S$150 of 2.07% notes due Sept. 24, 2028, according to an announcement on Wednesday.
The series 005 notes are issued under the S$1 billion multicurrency debt issuance program established by Keppel REIT MTN Pte. Ltd. and RBC Investor Services Trust Singapore Ltd.
DBS Bank Ltd., Oversea-Chinese Banking Corp., Ltd. and United Overseas Bank Ltd. are the joint lead managers and joint bookrunners for the offering.
The Regulation S notes have an expected issue date of Sept. 24.
According to the notice, proceeds will be used for financing acquisitions and/or investments and for general working capital purposes.
Keppel REIT is a Singapore-based real estate investment trust.
| Issuer: | Keppel REIT MTN Pte. Ltd.
|
| Securities: | Series 005 notes
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| Amount: | S$150 million
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| Maturity: | Sept. 24, 2028
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| Bookrunners: | DBS Bank Ltd., Oversea-Chinese Banking Corp., Ltd. and United Overseas Bank Ltd.
|
| Coupon: | 2.07%
|
| Price: | Par
|
| Yield: | 2.07%
|
| Pricing date: | Sept. 15
|
| Issue date: | Sept. 24
|
| Distribution: | Regulation S
|
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