CapitaMall closes fourth CMBS

Newest Singapore securitization continues love affair with Europe.

Unknown Unknown

October 21, 2005

Capitamall Trust (CMT), Singapore's first listed real estate investment trust (REIT), closed its fourth commercial mortgage backed securitization (CMBS) on Friday (October 21) via sole lead manager HSBC. The S$433 million ($256 million) seven-year deal was marketed to investors at 24bp to 25bp over Libor. The offering priced at the tight end of guidance at 24bp over.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.