Mapletree plans S$ perp as market continues to sizzle

08 Mar 2012

Mapletree Logistics Trust (MLT) plans to issue Singapore dollar perpetual bonds soon, following the success of casino operator Genting, which closed the largest single-tranche deal ever completed in the city state’s domestic debt market last week.

The company met investors in Singapore on Tuesday and Wednesday to drum up interest for its first ever foray into the bond market. Citi and DBS Bank have been hired as joint lead managers and bookrunners for the planned bond sale.

Singapore’s reputation as a debt funding hub got ...

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