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Mapletree Logistics ( (SG:M44U) ) has shared an update.
Mapletree Logistics Trust announced the issuance of S$75 million in Series 013 Notes under its S$3 billion Euro Medium Term Securities Programme. The proceeds from these notes, which are guaranteed by HSBC Institutional Trust Services, will be used for general corporate purposes, including refinancing existing borrowings, potentially impacting the company’s financial strategy and stakeholder interests.
The most recent analyst rating on (SG:M44U) stock is a Buy with a S$1.68 price target. To see the full list of analyst forecasts on Mapletree Logistics stock, see the SG:M44U Stock Forecast page.
More about Mapletree Logistics
Mapletree Logistics Trust is a company operating in the logistics sector, focusing on providing logistics real estate solutions. It is involved in the management and development of logistics properties across various regions.
Average Trading Volume: 16,912,328
Technical Sentiment Signal: Buy
Current Market Cap: S$6.67B
See more data about M44U stock on TipRanks’ Stock Analysis page.