Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from CapitaLand Ascendas REIT ( (SG:A17U) ).
CapitaLand Ascendas REIT has announced the issuance of S$700 million 2.343% Green Notes due 2032 under its Euro Medium Term Securities Programme. The proceeds from these notes will be used to refinance existing borrowings related to eligible green projects, aligning with the company’s sustainability goals. This issuance, rated ‘A3’ by Moody’s, highlights the company’s commitment to sustainable finance and strengthens its financial position in the market.
The most recent analyst rating on (SG:A17U) stock is a Buy with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Ascendas REIT stock, see the SG:A17U Stock Forecast page.
More about CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a real estate investment trust based in Singapore, focusing on the management and development of industrial, business space, and logistics properties. It operates under a trust structure and is involved in green financing initiatives.
Average Trading Volume: 14,356,775
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$12.48B
See more insights into A17U stock on TipRanks’ Stock Analysis page.