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

Moody’s Investor Service has assigned an A2 senior unsecured rating to the HKD555 million notes issued by a wholly-owned subsidiary of CapitaLand Mall Trust (CMT).

The notes have been issued under the retail REIT’s existing multicurrency medium term note (MTN) program, which has also been rated (P)A2 by Moody's.

The notes have a fixed coupon rate of 3.836% per annum and matures on 20 November 2025.

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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.