tiprankstipranks
Trending News
More News >

CapitaLand India Trust Issues S$100 Million Perpetual Securities

Story Highlights
CapitaLand India Trust Issues S$100 Million Perpetual Securities

Don’t Miss TipRanks’ Half-Year Sale

Capitaland India Trust ( (SG:CY6U) ) has shared an update.

CapitaLand India Trust Management Pte. Ltd., acting as Trustee-Manager for CapitaLand India Trust (CLINT), has announced the issuance of S$100,000,000 4.40% subordinated perpetual securities under its S$1,500,000,000 multicurrency debt issuance programme. The perpetual securities have received in-principle approval for listing and quotation on the Singapore Exchange Securities Trading Limited (SGX-ST) and are expected to be listed on or about 3 July 2025. This issuance marks a significant step in CLINT’s financial strategy, potentially enhancing its market position and providing flexibility in capital management.

The most recent analyst rating on (SG:CY6U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Capitaland India Trust stock, see the SG:CY6U Stock Forecast page.

More about Capitaland India Trust

Average Trading Volume: 2,160,001

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$1.43B

For an in-depth examination of CY6U stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1