Hotel Properties S$1 billion multicurrency debt issuance programme

Overview:

• Hotel Properties has established a S$1 billion multicurrency debt issuance programme.
• Proceeds from the issue will be used for refinancing.
• Oversea-Chinese Corporation was appointed as arranger and dealer.
• The Bank of New York Mellon Singapore Branch was the trustee of the holders of the securities.
• BNY Mellon London was the non-CDP payment agent and calculation agent.
• BNY Mellon Luxembourg was appointed non-CDP transfer agent and non-CDP registrar.
• Hotel Properties is an owner and operator of hotels with assets in 13 countries.

Wai Yee Tsang - Journalist