General Announcement::CRT increase hedging, cover close to 100% distributable income to insulate exposure to weakening JPY

Issuer & Securities

Issuer/ Manager
CROESUS RETAIL ASSET MANAGEMENT PTE. LTD.
Securities
CROESUS RETAIL TRUST - SG2F73992297 - S6NU
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Dec-2014 07:44:20
Status
New
Announcement Sub Title
CRT increase hedging, cover close to 100% distributable income to insulate exposure to weakening JPY
Announcement Reference
SG141218OTHRIOQV
Submitted By (Co./ Ind. Name)
Kim Yi Hwa
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Croesus Retail Trust increases hedging to cover close to 100% of distributable income to insulate from the exposure to a weakening Japanese Yen.

Please see the attached.

DBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. were the joint global coordinators, issue managers, bookrunners and underwriters (the "Joint Issue Managers") to the initial public offering of Units by the Trustee-Manager. The Joint Issue Managers assume no responsibility for the contents of this announcement.

Attachments

CRT_MediaRelease_v18Dec2014_FINAL.pdf
Total size =371K