CRCTSP 3.375% Perpetual Corp (SGD)

Bond Factsheet

Matured/ Called

CapitaLand China Trust

Indicative

Full Lot

Bid Price

99.467

Change in Bid Price

Bid Yield (%)

3.492 %

Change in Bid Yield

Ask Price

99.667

Change in Ask Price

remove 0.033

Ask Yield (%)

3.448 %

Change in Ask Yield

0.007

Indicative price as of 27 Oct 2025, 12:00am

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Bond Information

CapitaLand China Trust operates as a shopping mall real estate investment trust. The Company focuses on real estate investment trust properties to retail, office, and industrial purposes. CapitaLand China Trust serves customers worldwide.

Bond Issuer

CapitaLand China Trust

Guarantor

Announcement Date

20 Oct 2020

Issue Date

27 Oct 2020

Maturity Date

Perpetual

Years to Maturity / Next Call

Perpetual / 0.060

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.375

Coupon Type

Variable

Annual Coupon Rate

3.375

Coupon Frequency

Semi Annually

Seniority

Subordinated

Reference Rate

Reset Date: 27 Oct 2025 & every 5 years thereafter
Reset Rate: Based on prevailing SGD 5Y SOR (or the Successor Rate or Alternative Reference Rate) plus the Initial Spread (2.875%)

ISIN

SGXF22870954

CUSIP

BM0297416

Bond Currency

SGD

Total Issue Size

100,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Investment Trusts

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Deferral Interest Payment

Non-Cumulative Deferral

(i) If Non-Cumulative Deferral is set out hereon, any distribution deferred pursuant to this Condition 4(IV) is non-cumulative and will not accrue interest. The Issuer is not under any obligation to pay that or any other distributions that have not been paid in whole or in part.

The Issuer may, at its sole discretion, and at any time, elect to pay an amount up to the amount of distribution which is unpaid ("Optional Distribution") (in whole or in part) by complying with the notice requirements in Condition 4(IV)(e). There is no limit on the number of times or the extent of the amount with respect to which the Issuer can elect not to pay distributions pursuant to this Condition 4(IV).

Any partial payment of outstanding Optional Distribution by the Issuer shall be shared by the holders of all outstanding Perpetual Securities and the Coupons related to them on a pro rata basis.

Restrictions in the case of Non-Payment

If Dividend Stopper is set out hereon and on any Distribution Payment Date, payments of all distribution scheduled to be made on such date are not made in full by reason of this Condition 4(IV), the Issuer shall not and shall procure that none of the subsidiaries of CRCT shall:

(i) declare or pay any dividends, distributions or make any other payment on, and will procure that no dividend, distribution or other payment is made on, any of the Issuer's Junior Obligations or (except on a pro rata basis) any of the Issuer's Specified Parity Obligations; or

(ii) redeem, reduce, cancel, buy-back or acquire for any consideration, and will procure that no redemption, reduction, cancellation, buy-back or acquisition for any consideration is made in respect of, any of the Issuer's Junior Obligations or (except on a pro rata basis) any of the Issuer's Specified Parity Obligations,

Issuer Call

If so provided hereon, the Issuer may, on giving irrevocable notice to the Perpetual Securityholders falling within the Issuer's Redemption Option Period shown on the face hereof, redeem all or, if so provided, some of the Perpetual Securities at their Redemption Amount and on the date or dates so provided. Any such redemption of Perpetual Securities shall be at their Redemption Amount, together with distribution (including any Arrears of Distribution and any Additional Distribution Amount) accrued to (but excluding) the date fixed for redemption.

- [TBD] October 2025 & on every distribution payment date thereafter at par

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