CapitaMalls Asia launches S$2 billion euro medium-term note program

By Marisa Wong

Milwaukee, April 12 - CapitaMalls Asia Ltd. said its subsidiary CapitaMalls Asia Treasury Ltd. has set up a S$2 billion guaranteed euro medium-term note program.

The notes can be issued in Singapore dollars, U.S. dollars, euros, sterling or other currencies.

Proceeds will be used to refinance existing borrowings and finance investments and for general corporate purposes.

Deutsche Bank AG, Singapore Branch, Morgan Stanley Asia (Singapore) Pte. and Standard Chartered Bank are the arrangers.

Singapore-based CapitaMalls is an owner, developer and manager of shopping malls in Asia.

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