The interior of Funan, a property of the future CapitaLand Integrated Commercial Trust. (Photo: REITsWeek)

Moody's Investors Service has assigned a senior unsecured rating of A3 to CapitaLand Integrated Commercial Trust’s (CICT's) HKD755 million notes.

The notes have a fixed coupon rate of 4.85%, will mature on 15 March 2033 and have been issued under the REIT’s USD3 billion Euro medium term note programme.

The outlook is negative, said Moody’s in its statement on the same day.

Related: CapitaLand’s flagship REIT sees SGD21.5 million outflow of institutional funds

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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.