CDL Hospitality Trusts issues $100m 4% perpetual securities

Singapore Business Review
2026.02.23 02:48
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Issued under $1.5b multicurrency debt programme.CDL Hospitality REIT and CDL Hospitality Business Trust issued $100m of 4% subordinated perpetual securities under their $1.5b multicurrency debt issuance programme, according to a filing.The securities, comprising Series 002, were issued on 20 February 2026 by DBS Trustee Limited in its capacity as trustee of H-REIT, following pricing announced on 10 February 2026.Approval in-principle has been received from the Singapore Exchange Securities Trading Limited for the listing and quotation of the securities.The securities are expected to be listed on the SGX on 23 February 2026.