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Cambridge Industrial Trust raises medium term note program to S$750M

, the manager of Cambridge Industrial Trust, said March 30 that itenhanced the company's medium term note program.

Thecurrent S$500 million multicurrency medium term note program that wasestablished in February 2012 has been increased to S$750 million. The increaseis meant to provide more flexible funding options as part of CambridgeIndustrial Trust's capital management strategy.

Further,Australia and New Zealand Banking Group Ltd. has been terminated as arranger ofthe original program, and The Hongkong and Shanghai Banking Corp.Ltd. has been appointed as the new arranger.

As of March 30, US$1 wasequivalent to S$1.35.