Sunway-REIT debuts RM500mil perpetual securities

Sunway-REIT said the transaction marked the first-ever rated perpetual securities issued by a REIT in Malaysia.

PETALING JAYA: Sunreit Perpetual Bond Bhd, a special-purpose vehicle wholly owned by Sunway Real Estate Investment Trust (Sunway-REIT), has successfully issued its inaugural rated sustainability-linked perpetual securities amounting to RM500mil.

In a statement, Sunway-REIT said the transaction marked the first-ever rated perpetual securities issued by a REIT in Malaysia, as well as the first sustainability-linked perpetual securities in the country.