Parkway Life REIT diversifies funding source with issuance of 5.5-year fixed rate notes

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The manager of Parkway Life REIT has announced the issue of JPY5 billion (SGD60 million) 5.5-year senior unsecured fixed rate notes due 2023.

The notes have been issued under its SGD500 million multicurrency debt issuance programme.

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About Author

Ridzwan Rahmat has been analysing Singapore-listed REITs and business trusts, since 2008. For disclosure purposes, Ridzwan is currently vested in Mapletree Greater China Commercial Trust, Mapletree Industrial REIT and Mapletree Logistics Trust.

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