Ascott Residence (SG:HMN) has released an update.
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CapitaLand Ascott Trust Management Limited, alongside CapitaLand Ascott Business Trust Management Pte Ltd, has announced the pricing of S$150,000,000 in 4.60% subordinated perpetual securities. This move is part of a larger S$2,000,000,000 multicurrency debt issuance program aimed at investors, with the securities not being registered in the US and certain other regions due to regulatory restrictions.
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