CDL Hospitality REIT's SG$100 million Worth of Perpetual Bonds Issued

MT Newswires

02/20

CDL Hospitality REIT's (SGX:J85) manager, CDL Hospitality Real Estate Investment Trust, and M&C Business Trust Management, its trustee manager, confirmed that the SG$100 million worth of 4.0% subordinated perpetual bonds were issued on Feb. 20, according to a same-day filing with the Singapore Exchange.

The Singapore Exchange Securities Trading has also granted an in-principle approval for the listing and quotation of the bonds.

The bonds are expected to be listed and quoted on Feb. 23, the filing added.

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