Capitaland India Trust (SG:CY6U) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CapitaLand India Trust has announced the pricing of S$150 million in 3.70% interest notes, set to mature in 2027, under its S$1.5 billion multicurrency debt issuance program. The proceeds from the notes, which are expected to be rated ‘BBB-‘ by Fitch Ratings, will be used to refinance existing debt and support CLINT’s business activities and working capital. These notes are slated for issuance on August 30, 2024, and will be listed on the Singapore Exchange shortly thereafter.
For further insights into SG:CY6U stock, check out TipRanks’ Stock Analysis page.