CAPITALAND CHINA TRUST MASSIVE YIELD AND GOOD NEWS
@SPOT_ON:
CapLand China Trust (SGX:AU8U) saw its stock price soar by 9.57% in Thursday's pre-market trading session, following the announcement of a significant bond issuance. The real estate investment trust (REIT) revealed plans to issue 600 million yuan (approximately US$92.8 million) worth of bonds, a move that appears to have boosted investor confidence. According to a filing on the Singapore Exchange, the fixed-rate bonds will carry an interest rate of 2.88% and are set to mature on April 17, 2028. The bonds, priced at par, will be issued under CapitaLand China Trust's SG$1 billion multicurrency debt issuance program. Interest payments will be made semi-annually, providing a steady income stream for bondholders. The substantial price jump suggests that investors view this bond issuance positiv