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Published on 4/30/2008 in the Prospect News Emerging Markets Daily.

New Issue: Singapore's CapitaMall Trust prices S$160 million two-year notes

By Aaron Hochman-Zimmerman

New York, April 30 - CapitaMall Trust Management Ltd. priced S$160 million two-year notes at the six-month Singapore dollar swap rate plus 165 basis points.

DBS Bank acted as the bookrunner for the deal.

The notes come from a S$1 billion medium-term note program which has now issued S$465 million.

Proceeds will be invested in asset enhancement projects and will be used as general working capital.

CapitaMall is a Singapore-based real estate investment trust.

Issuer:CapitaMall Trust Management Ltd.
Amount:S$160 million
Issue:Medium-term notes
Maturity:April 30, 2010
Coupon:Six-month Singapore dollar swap rate plus 165 bps
Bookrunner:DBS Bank
Pricing date:April 30

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