CapitaLand India Trust launches private placement to raise at least S$150 million

Reuters
02/24
CapitaLand India Trust launches private placement to raise at least S$150 million

CapitaLand India Trust launched a fully underwritten private placement of new units to institutional, accredited and other investors, aiming to raise gross proceeds of at least about S$150 million. The units will be issued at an indicative price range of S$1.208 to S$1.237, with proceeds mainly earmarked to fund the development of two office projects in Bangalore—Building 1 of Ebisu and MAIA—and to cover placement expenses. The trust expects the new units to list on SGX-ST on 5 March 2026, with an estimated advanced distribution of about 1.44 Singapore cents per existing unit for income accrued before issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CapitaLand India Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WSTP8L479WFCLCN4) on February 24, 2026, and is solely responsible for the information contained therein.

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