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CitySpring Infrastructure Trust Announces Incorporation Of Wholly-Owned Subsidiary
CitySpring Infrastructure Trust announced the incorporation of a wholly-owned subsidiary of CIT, CitySpring Capital Pte. Ltd., and the establishment by the Issuer of a SGD500,000,000 Multicurrency Medium Term Note Programme (MTN Programme), which will be unconditionally and irrevocably guaranteed by CSIM, in its capacity as trustee-manager of CIT. In connection therewith, DBS Bank Ltd. has been appointed to act as the sole arranger and dealer of the MTN Programme. The Issuer was incorporated in Singapore on October 2, 2012 and has an initial share capital of SGD100,000.
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