Ascott Residence Trust (SG:HMN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ascott Residence Trust has announced the pricing of S$120 million 3.69% notes due in 2029, part of its S$2 billion multicurrency debt issuance program. The notes are managed by CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. This marks a significant financial move for the trust, with an emphasis on expanding its investment capabilities without registering the securities in the United States or other select markets.
For further insights into SG:HMN stock, check out TipRanks’ Stock Analysis page.