CDL Hospitality Trust Establishes SG$1.5 Billion Debt Program

MT Newswires

11/05

CDL Hospitality Trust (SGX:J85) established a SG$1.5 billion multicurrency debt issuance program, according to a Wednesday filing with the Singapore Exchange.

DBS Bank was appointed as the sole arranger and dealer of the program.

Net proceeds raised from the issue of bonds under the program will be used for existing borrowings and investments refinancing and general working capital.

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