ESR REIT Fully Redeems Series 004 Notes

May 22, 2020 — ESR Funds Management (S) Limited, as manager of ESR-REIT (the Manager) announced that that ESR-MTN Pte. Ltd. has successfully redeemed all the outstanding S$130.0 million 3.95% Series 004 Notes issued under the S$750.0 million Multicurrency Debt Issuance Programme.

The maturity date of the S$130.0 million 3.95% Series 004 Notes issued under the S$750.0 million Multicurrency Debt Issuance Programme is May 2020.

Following the redemption, the redeemed Series 004 Notes will be cancelled in accordance with the terms and conditions of the Series 004 Notes.

ESR-REIT invests in quality income-producing industrial properties and as at 31 December 2019 holds interest in a diversified portfolio of 57 properties located across Singapore, with a total gross floor area of approximately 15.1 million square feet and an aggregate property value of S$3.2 billion1.

The properties are in the following business sectors: Business Park, High-Specs Industrial, Logistics/Warehouse and General Industrial, and are located close to major transportation hubs and key industrial zones island-wide.

Read more here..

Leave a Comment

Your email address will not be published.