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Lendlease Global Commercial REIT ( (SG:JYEU) ) has shared an announcement.
Lendlease Global Commercial REIT will redeem in full its S$200 million 4.20% subordinated perpetual securities on 4 June 2026 at par, plus accrued distributions, under its S$1 billion multicurrency debt issuance programme. The securities will be cancelled and delisted from the Singapore Exchange after redemption, marking a balance sheet move that retires this hybrid capital instrument and may affect the REIT’s capital structure and future funding flexibility.
Holders will receive S$250,000 for every S$250,000 in nominal value of the perpetual securities, together with any arrears and additional distribution amounts up to but excluding the redemption date. Settlement will be effected through The Central Depository (Pte) Limited, and the issuer has cautioned that only the identification numbers printed on the perpetual securities, rather than the ISIN, should be relied upon for definitive reference.
The most recent analyst rating on (SG:JYEU) stock is a Buy with a S$0.78 price target. To see the full list of analyst forecasts on Lendlease Global Commercial REIT stock, see the SG:JYEU Stock Forecast page.
More about Lendlease Global Commercial REIT
Lendlease Global Commercial REIT is a Singapore-listed real estate investment trust focused on income-producing commercial properties. Managed by Lendlease Global Commercial Trust Management Pte. Ltd., it raises capital through instruments such as multicurrency debt programmes and perpetual securities to finance and manage its property portfolio.
Average Trading Volume: 21,284,691
Technical Sentiment Signal: Hold
Current Market Cap: S$1.89B
See more data about JYEU stock on TipRanks’ Stock Analysis page.