CapitaLand Mall Trust's Bugis+ (Photo: REITsWeek)

Moody's Investors Service has assigned an A2 senior unsecured rating to the SGD150 million notes issued a subsidiary of CapitaLand Mall Trust (CMT) under the REIT’s existing multicurrency medium term note programme.

The notes have a coupon rate of 3.2% per annum, matures on 21 August 2025, and are guaranteed by HSBC Institutional Trust Services in its capacity as the REIT’s trustee.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.