Issue of S$600 million perpetual securities by Mapletree Treasury Services Limited
A&G News 23 August 2021
Allen & Gledhill advised Mapletree Investments Pte Ltd (“Mapletree”), as transaction counsel, on the issue of S$600 million 3.70% subordinated perpetual securities (“Securities”) by Mapletree Treasury Services Limited under its US$5 billion Euro medium term note programme.
The Securities are guaranteed by Mapletree and are the first subordinated fixed for life perpetual issuance in the Singapore dollar market.
Advising Mapletree was Allen & Gledhill Partner Glenn Foo.