Sg Bond Rates: CAPITAMALLTRS$350M3.08%B210220
CAPITAMALL TRUST - S$350,000,000 in aggregate principal amount of 3.08% Bonds due 2021
CapitaMall Trust Management Limited (CMTML), in its capacity as manager of CapitaMall Trust (CMT), is pleased to announce the offering for subscription of up to S$200 million in aggregate principal amount of 7-year retail bonds to the public in Singapore, and institutional and other investors under CMT’s S$2.5 billion retail bond programme.
The issuer is HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of CMT.
The retail bonds carry a fixed interest of 3.08% per annum, to be paid half-yearly on 20 February and 20 August each year from 2014 to 2021, commencing on 20 August 2014. Up to S$150 million of the retail bonds will be offered to the public, while up to S$50 million will be offered to institutional and other investors. In the event the public offer and/or placement is oversubscribed, the manager may increase the total issue size to up to S$350 million and determine the final allocation between the public offer and placement. Subscriptions under the public offer will be subject to balloting if the total subscriptions exceed the amount available.
The joint lead managers and bookrunners for this offer are DBS Bank Ltd. (DBS Bank), Oversea-Chinese Banking Corporation Limited (OCBC Bank) and United Overseas Bank Limited (UOB).
The public offer will open for subscription at 9 a.m. on 11 February 2014 and close at 12 noon on 18 February 2014.
Please note the following: -
1. The above Bonds will be granted listing and quotation in the Official List of SGX-ST. Trading in the Bonds will commence on "Ready" basis with effect from 9.00 a.m., Friday, 21 February 2014.
2. The short name is "CapMallTrb3.08%210220" and the abbreviated name is "CAPMB21". The ISIN Code is SG3267000002.
3. Each board lot of Bonds will comprise S$1,000 in principal amount of Bonds. Settlement for trades in the Bonds will be effected by book entries in the securities accounts which buyers and sellers must maintain with The Central Depository (Pte) Ltd ("CDP").
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