Mapletree Logistics Trust Prices CNY500 Million 2.10% Notes Under 3 Billion Singapore Dollars Programme

SGX Filings
Yesterday

Mapletree Logistics Trust (M44U) said on Sep, 8 2026 that its wholly owned subsidiary, MapletreeLog Treasury Company Pte. Ltd., has executed a pricing supplement for CNY500 million 2.10% notes due Sep, 15 2029 under its 3 billion Singapore dollars Euro Medium Term Securities Programme.

The unsecured Series 016 notes, to be issued at par on Sep, 15 2026 and listed on the Singapore Exchange around Sep, 16 2026, are unconditionally guaranteed by HSBC Institutional Trust Services (Singapore) Ltd. in its capacity as trustee of Mapletree Logistics Trust. The Hongkong and Shanghai Banking Corporation Limited is the sole lead manager.

Proceeds will be used for general corporate purposes, including refinancing existing borrowings. The notes are rated BBB+ by Fitch Ratings and will clear through the Hong Kong Monetary Authority’s Central Moneymarkets Unit.

The trust also disclosed that a change of manager could trigger a default under the new notes and other debt facilities that total about 5,712 million Singapore dollars, although no such event has occurred to date.

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