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CapitaLand tests out new Singapore loan benchmark

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By Pan Yue
18 Jun 2020

Singapore’s CapitaLand has become the first company to raise a loan benchmarked against the Singapore overnight average rate (Sora), as the market prepares for a transition away from Libor and the country’s equivalent, the Singapore dollar swap offer rate (Sor).

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By Pan Yue
18 Jun 2020