AIMS APAC REIT Management Limited (the Manager) as manager of AIMS APAC REIT (AA REIT) today announced that AA REIT will be issuing S$100 million 3.60% Fixed Rate Notes (Series 001 Notes) as part of the S$750 million Multicurrency Debt Issuance Programme (Programme).

The Series 001 Notes will be issued at an issue price of 100% of their principal amount and in denominations of S$250,000. The five-year Series 001 Notes will bear interest at a fixed rate of 3.60% per annum payable semi-annually in arrear. The Series 001 Notes are expected to be issued on 12 November 2019 and are expected to mature on 12 November 2024.

Read more…