Mapletree Logistics Trust Execute Pricing Supplement to SG$50 Million Green Bonds

MT Newswires

02/13

Mapletree Logistics Trust (SGX:M44U) executed a pricing supplement to its SG$50 million 3.298% green bonds due 2032, according to a filing with the Singapore Exchange on Wednesday.

The Series 012 bonds are part of the trust's SG$3 billion Euro Medium Term Securities Programme and are unconditionally and irrevocably guaranteed by HSBC Institutional Trust Services.

The bonds are unsecured and expected to be rated BBB+ by Fitch Ratings.

Proceeds from the issuance of the bonds will be used towards financing or refinancing eligible green projects undertaken by the trust.

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