Establishment Of S$800,000,000 Multicurrency Stapled Debt Issuance Programme
|Announcement Title||General Announcement|
|Date & Time of Broadcast||Jan 24, 2020 7:47|
|Announcement Sub Title||Establishment of S$800,000,000 Multicurrency Stapled Debt Issuance Programme|
|Submitted By (Co./ Ind. Name)||ARA Trust Management (USH) Pte. Ltd. / Ling Hong Liang|
|Description (Please provide a detailed description of the event in the box below)||Please see attached. |
DBS Bank Ltd. was the Sole Issue Manager for the initial public offering of the stapled securities in ARA US Hospitality Trust (the "Offering"). DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited were the Joint Financial Advisers and Joint Global Coordinators for the Offering. DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and Credit Suisse (Singapore) Limited were the Joint Bookrunners and Underwriters for the Offering.