Ascendas Property raises total note issuance from $500m to $1.5b

Submitted By:  Nathanielle Punay Case Study:  No The firm has also entered into a supplemental trust deed with DBS Trustee. Ascendas Property Fund Trustee has increased the maximum aggregate principal amount of notes and perpetual securities from $500m to $1.5b, issued under the $500m multicurrency debt issuance programme, an announcement revealed. In conjunction with the increase in programme limit, Acendas has entered into a supplemental trust deed with DBS Trustee. The Supplemental Trust Deed applies only in respect of Securities issued under the Updated Programme. read more