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Published on 3/15/2024 in the Prospect News Emerging Markets Daily.

New Issue: Ascott REIT lists S$120 million of 3.69% notes due 2029

By Mary-Katherine Stinson

Lexington, Ky., March 15 – DBS Trustee Ltd.’s wholly owned subsidiary, Ascott REIT MTN Pte. Ltd., issued S$120 million of 3.69% notes due 2029, according to a notice.

The notes will be listed on the Singapore Exchange effective March 18.

Ascott REIT is a Singapore-based pan-Asian residence real estate investment trust and an associate of Singapore property developer CapitaLand.

Issuer:Ascott REIT MTN Pte. Ltd.
Amount:S$120 million
Issue:Notes
Maturity:March 15, 2029
Coupon:3.69%
Issue date:March 15
Listing date:March 18
ISIN:SGXF65834677

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