Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
CapitaLand Mall ( (SG:C38U) ) has provided an announcement.
CapitaLand Integrated Commercial Trust has announced the issuance of S$300 million in 2.25% fixed rate green notes due in September 2032. These notes, issued under the U.S.$7 billion Euro-Medium Term Note Programme, are guaranteed by HSBC Institutional Trust Services and have been rated ‘A3’ by Moody’s, indicating a stable credit outlook. This move is likely to enhance CICT’s financial flexibility and sustainability profile, potentially impacting its market positioning positively.
The most recent analyst rating on (SG:C38U) stock is a Buy with a S$2.35 price target. To see the full list of analyst forecasts on CapitaLand Mall stock, see the SG:C38U Stock Forecast page.
More about CapitaLand Mall
CapitaLand Integrated Commercial Trust (CICT), formerly known as CapitaLand Mall Trust, operates in the real estate investment trust industry with a focus on commercial properties. It is managed by CapitaLand Integrated Commercial Trust Management Limited and is constituted in the Republic of Singapore.
Average Trading Volume: 22,421,420
Technical Sentiment Signal: Buy
Current Market Cap: S$17.42B
See more data about C38U stock on TipRanks’ Stock Analysis page.