CapitaLand prices $800m fixed rate senior notes at 2.9%

The notes are expected to be issued by 21 September.

CapitaLand has priced its $800m fixed rate senior notes due 2032 at 2.9%, a bourse filing stated.

The notes will be issued under the $5b Euro Medium Term Note Programme established by CapitaLand on 29 April 2019.

The notes are expected to be issued by 21 September.

Net proceeds will be used for refinancing existing borrowings, financing investments and general corporate purposes, according to CapitaLand.

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