Monday, January 19, 2009

K-Reit sets up S$1 bln MTN programme

K-Reit Asia said on Monday that it has established a S$1 billion multicurrency medium-term note (MTN) programme as an additional source of funding.

The net proceeds could be used for acquisitions and investments.

Citicorp Investment Bank (Singapore) Limited was appointed to act as the arranger and dealer of the MTN programme.

Source: Business Times

Definition of a medium term note

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