CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust announced the issuance of 150 million Singapore dollars 3.70 per cent subordinated perpetual securities on Nov, 18 2025 under their 1.5 billion Singapore dollars multicurrency debt issuance programme established on Nov, 05 2025.
The Series 001 securities were priced on Nov, 10 2025 and received approval in-principle from Singapore Exchange Securities Trading Limited for listing. Trading commenced on Nov, 19 2025.
The managers emphasised that SGX-ST’s approval and listing do not reflect on the merits of the issuer or the securities.