CapitaLand plans to launch number two ABS

Property developer will follow up last June''s S$200 million issue before year is out.

CapitaLand Residential, the property unit of CapitaLand Ltd that specializes in building homes in over 17 countries, is set to tap the securitization market for the second time before the end of the year.

HypoVereinsbank has been mandated to arrange the deal, which will be around the S$200 million $112.1 million mark. The bank also handled CapitaLand's debut offering, a S$200 million issue launched in June 2001 out of the Peridot Investments special purpose vehicle.


To continue reading, please login or register for free

Click for more on: capitaland | plans | launch | number | two | abs

Print Edition

FinanceAsia Print Edition