Building Q2 (left) and Building Q1. (Photo: CapitaLand India Trust)

CapitaLand India Trust has successfully priced SGD100 million worth of 4.40% subordinated perpetual securities under its SGD1.5 billion multicurrency debt issuance programme, the Singapore-listed business trust announced on 25 June.

The perpetual securities, which carry no fixed final redemption date, will be issued in denominations of SGD250,000 at an issue price of 100% of the principal amount.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.