Asia's largest Reit debuts $500m bond

Hong Kong-based Link Reit sells its first dollar-denominated note with the aim of extending the tenor of its funding program.

Asia's largest Reit debuts $500m bond
Supermarkets contribute to 23% of Link Reit's rental income

Hong Kong-based Link Real Estate Investment Trust The Link Reit raised a debut $500 million 10-year bond on Tuesday, with the goal of extending duration.

A regular issuer in the dollar-denominated private placement space, Link Reit’s offering benefited from the fact that it’s a household name in the domestic market.

The company was the first Reit to be listed on the Hong Kong Stock Exchange in 2005 and is also the...

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