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CapitaLand Malaysia Mall Trust subsidiary launches medium-term notes

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CapitaLand Malaysia Mall Trust subsidiary launches medium-term notes

CapitaLand Malaysia Mall Trust's wholly owned subsidiary CMMT MTN Berhad issued three-year unrated medium-term notes worth 300 million Malaysian ringgit on Dec. 20.

This marked the company's second issuance under its medium-term note program of up to 3 billion ringgit. The notes were issued to redeem the outstanding 300 million ringgit, four-year, unrated medium-term notes under its program.

The notes in the second issuance will mature on Dec. 20, 2019.

As of Dec. 20, US$1 was equivalent to 4.48 Malaysian ringgit.