Mainboard-listed CapitaMalls Asia said it has established a S$2 billion Euro-Medium Term Note Programme which will be unconditionally guaranteed by the company.
Net proceeds from the issuance will be used to refinance existing borrowings, to fund investments and for general working capital.
CMA said under the programme, it may issue notes in series or tranches in Singapore dollars, US dollars, Euro or Sterling and any other agreed upon currency.
Morgan Stanley Asia, Deutsche Bank and Standard Chartered have been appointed to act as the joint arrangers and a dealer for the issuance.
Source : Channel NewsAsia – 12 Apr 2010
Singapore Property
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