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MPACT Management Prices S$200 Million Green Notes

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MPACT Management Prices S$200 Million Green Notes

Mapletree Commercial ( (SG:N2IU) ) has issued an update.

MPACT Management Ltd. has announced the pricing of S$200,000,000 in 3.104% Fixed Rate Senior Green Notes due 2032 under its S$5,000,000,000 Euro Medium Term Securities Programme. The Notes, rated Baa1 by Moody’s, are guaranteed by DBS Trustee Limited, and Oversea-Chinese Banking Corporation Limited along with United Overseas Bank Limited are acting as joint lead managers and bookrunners. This issuance is part of MPACT’s strategy to strengthen its financial position and enhance its market standing in the commercial trust sector.

More about Mapletree Commercial

Mapletree Commercial is a company involved in the management of commercial properties, with a focus on the Pan Asia region. It offers investment opportunities through various financial instruments, including a Euro Medium Term Securities Programme.

YTD Price Performance: 0.57%

Average Trading Volume: 23,280

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.65B

For an in-depth examination of N2IU stock, go to TipRanks’ Stock Analysis page.

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