197 views
Photo by Jakub Żerdzicki via Unsplash

Lendlease Global Commercial REIT to redeem $200m perpetual securities

The 4.20% subordinated perpetual securities will be redeemed on 4 June and delisted from SGX-ST after cancellation.

Lendlease Global Commercial REIT will redeem all of its $200m 4.20% subordinated perpetual securities on 4 June 2026.

The securities were issued by DBS Trustee Limited, as trustee of Lendlease Global Commercial REIT, under its $1b multicurrency debt issuance programme.

The perpetual securities will be redeemed at par, with a redemption price of $250,000 for every $250,000 in nominal amount. The amount will include accrued distribution up to, but excluding, 4 June, including any arrears of distribution and additional distribution amount, if applicable.

The securities carry the ISIN code SGXF95914572.

Payment will be made to The Central Depository on the redemption date. After the redemption, the perpetual securities will be cancelled and delisted from the Singapore Exchange Securities Trading Limited.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.