Moody’s assigns A2 rating to CapitaLand Mall Trust’s notes drawdown

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Moody's Investors Service has assigned an A2 senior unsecured rating to the SGD100 million notes issued by a subsidiary of Singapore-listed retail REIT, CapitaLand Mall Trust (CMT).

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

Proceeds from the notes issued will be used to refinance the REIT’s existing borrowings, and for general corporate and working capital purposes.

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