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CDL Hospitality Trusts ( (SG:J85) ) has issued an update.
CDL Hospitality Trusts has announced the establishment of a S$1.5 billion Multicurrency Debt Issuance Programme. This initiative allows the company to issue notes and perpetual securities in various currencies, enhancing its financial flexibility and potentially strengthening its market position by diversifying funding sources.
The most recent analyst rating on (SG:J85) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, both constituted under the laws of the Republic of Singapore. The company operates in the real estate investment sector, focusing on hospitality assets and services.
Average Trading Volume: 1,389,699
Technical Sentiment Signal: Hold
Current Market Cap: S$1.05B
See more insights into J85 stock on TipRanks’ Stock Analysis page.