Starhill Global REIT launches $2b debt issuance program

Proceeds will be used to finance acquisitions.

Starhill Global REIT has established a $2b multicurrency debt issuance programme, the company announced.

In this program, some of the REIT’s wholly-owned subsidiaries may issue notes from time to time, whilst its trustee HSBC Institutional Trust Services may issue perpetual securities.

The issuer will on-lend the proceeds from the Programme to HSBC or any member of the REIT, which will be used for purposes including acquisition of properties, as well as the financing or refinancing of asset enhancement works, unit buybacks, borrowings and perpetual securities.

DBS Bank has been appointed as the arranger and dealer of the programme.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!