City Developments Launches $1.57 Billion Securities Plan
City Developments launched a S$2 billion perpetual securities program for working capital and refinancing. The firm is the second to set up such a plan today.
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The real estate giant CITY DEVELOPMENTS LTD has officially launched a multicurrency perpetual securities issuance program valued at S$2 billion ($1.57 billion). Based in Singapore, the company announced the initiative on Thursday, marking a significant step in its capital management strategy.
