CDL Hospitality Real Estate Investment Trust (H-REIT) and CDL Hospitality Business Trust (HBT) have announced the issuance of S$100m in 4% subordinated perpetual securities. These securities are part of a larger S$1.5b multicurrency debt issuance programme established by the trusts on 5 November 2025. The issuance was completed on 20 February 2026, following approval in-principle from the Singapore Exchange Securities Trading Limited (SGX-ST).
The perpetual securities, which are part of Series 002, will be listed and quoted on the SGX-ST’s Official List starting 23 February 2026. The SGX-ST’s approval in-principle does not imply any endorsement of the merits of the issuer or the securities themselves.
This issuance is not an offer to sell or a solicitation to buy the securities in any jurisdiction where such actions would be unlawful. The listing of these securities on the SGX-ST marks a significant step in CDL Hospitality Trusts’ ongoing financial strategy, providing them with greater flexibility in managing their capital structure.
