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Prospect News home > News index > List of issuers M > Headlines for Mapletree North Asia Commercial Treasury Co. (Hksar) Ltd. > News item |
Mapletree bonds are putable after delisting event of units
Chicago, June 21 – Mapletree North Asia Commercial Treasury Co. (Hksar) Ltd. announced that two of its bonds are putable after a delisting event, according to multiple notices.
The issuer’s units have been delisted due to a merger between Mapletree Commercial Trust and the issuer.
The bonds impacted are the S$100 million 3.96% notes due Nov. 9 and the S$120 million of 3½% notes due March 22, 2023.
Either note can be redeemed at par plus interest on Aug. 2 at the option of the holder.
The issuer is a real estate investment trust based in Singapore.
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