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Published on 5/5/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Hotel Properties wraps redemption of S$150 million 4.65% perpetuals

By Mary-Katherine Stinson

Lexington, Ky., May 5 – Hotel Properties Ltd. completed its redemption of S$150 million 4.65% subordinated perpetual securities,series 001 (ISIN: SG7BA5000006).

The Bank of New York Mellon Singapore Branch was the trustee.

As of May 5, all securities in series 001 have been redeemed and will be canceled.

Hotel Properties is a Singapore-based hotel and real estate management firm.


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