Mapletree Logistics (SG:M44U) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mapletree Logistics Trust Management Ltd. has issued S$180 million worth of 4.30% subordinated perpetual securities under its S$3 billion Euro Medium Term Securities Programme. These securities, managed by HSBC Institutional Trust Services (Singapore) Limited, are unsecured and rank equally with the issuer’s parity obligations. Aimed at investors seeking perpetual income streams, the securities offer a fixed distribution rate until the first reset date in 2029.
For further insights into SG:M44U stock, check out TipRanks’ Stock Analysis page.
