CapitaLand India Trust Prices S$200 Million Notes for Strategic Financial Management

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

CapitaLand India Trust Management Pte. Ltd. has announced the pricing of S$200,000,000 3.20% notes due in 2030 under its S$1,500,000,000 multicurrency debt issuance program. The proceeds from these notes will be used to refinance existing borrowings and support the company’s business activities, acquisitions, and general working capital, potentially enhancing its financial flexibility and operational capacity.

More about Capitaland India Trust

CapitaLand India Trust operates as a business trust under Singapore’s Business Trusts Act, focusing on real estate and investment management. It primarily engages in acquiring, developing, and managing a diversified portfolio of income-generating real estate properties in India.

YTD Price Performance: -7.63%

Average Trading Volume: 24,475

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $954.1M

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