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Prospect News home > News index > List of issuers A > Headlines for ALOG Trust > News item
Published on 12/30/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

ARA Logistics Trust to redeem S$100 million 5½% perpetuals Feb. 1

By Mary-Katherine Stinson

Lexington, Ky., Dec. 30 – ARA Logos Logistics Trust Management Ltd. announced it will redeem its S$100 million 5½% subordinated perpetual securities series 1 (ISIN: SG7MA2000006) issued by HSBC Institutional Trust Services (Singapore) Ltd. on the first call date of Feb. 1, according to a notice.

The securities will be redeemed at par plus any accrued distribution.

They were originally issued on Feb. 1, 2018 under the S$1 billion multicurrency debt issuance program of ALOG Trust.

Bank of New York Mellon, Singapore Branch is the trustee.

ALOG Trust, formerly known as ARA Logos Logistics Trust and Cache Logistics Trust, is a Singapore-based real estate investment trust.


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