General Announcement::CRT increase hedging, cover close to 100% distributable income to insulate exposure to weakening JPY
Issuer & Securities
CROESUS RETAIL ASSET MANAGEMENT PTE. LTD.
CROESUS RETAIL TRUST - SG2F73992297 - S6NU
Date &Time of Broadcast
Announcement Sub Title
CRT increase hedging, cover close to 100% distributable income to insulate exposure to weakening JPY
Submitted By (Co./ Ind. Name)
Kim Yi Hwa
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.
Total size =371K