ISSUER: Cambridge-MTN Pte.Ltd.
GUARANTOR: RBC Investor Services Trust Singapore Limited (in its capacity as trustee of Cambridge Industrial Trust)
STATUS: Direct, unconditional, unsubordinated & unsecured Notes
ISSUE RATING: Unrated
CORPORATE CREDIT RATING: BBB- / Stable (S&P)
FORMAT/DOCS: Bearer / Issuer’s SGD 500 million Multicurrency Medium Term Note Programme dated 2 February 2012, supplemented by the Supplemental IM dated 1 March 2012 (collectively the “Programme”)
TENOR: 4-Years
ISSUE SIZE: SGD 100MM
PRICE: 3.5%
USE OF PROCEEDS: In accordance with the Programme
INTEREST PAYMENT: Semi-annual, actual/365 (fixed)
DETAILS: SGD250K/ Singapore Law/ CDP
LISTING: SGX-ST
SELLING RESTRICTIONS: As per Programme, S274 and/or 275 of the Singapore SFA
– Transaction is strongly anchored by institutional investors post roadshow
COMPS:
AIMS AMP REIT 4.9% 08/2016 current indicative yield 2.86%
AIMS AMP REIT 3.8% 05/2019 current indicative yield 3.80%
Ascendas REIT 2.5% 05/2019 current indicative yield 2.63%
Cambridge ......