ESR-LOGOS REIT 
By
Cambridge Industrial Trust Management Ltd., as Manager (the
"Manager") of Cambridge Industrial Trust
("CIT"), wishes to announce that RBC Dexia Trust
Services Singapore Limited (in its capacity as trustee of
CIT) (the "CIT Trustee"), has today:
1. entered into a sixth supplemental deed with the CIT
Trustee to amend the trust deed constituting CIT dated 31
March 2006 (as supplemented the Supplemental Deed of
Amendment dated 15 August 2007, the Second Supplemental Deed
dated 28
January 2009, the Third Supplemental Deed dated 13 November
2009, the Fourth
Supplemental Deed dated 27 January 2010 and the Fifth
Supplemental Deed dated
22 April 2010) to enable the CIT Trustee to establish
treasury companies for the purposes of, inter alia, borrowing
or raising moneys, foreign exchange trading, financial
futures trading, financial derivatives trading and other risk
management activities in foreign currency;
2. established a wholly-owned subsidiary company incorporated
in Singapore, Cambridge-MTN Pte. Ltd. (the
"Issuer"), with an initial share capital of S$1, to
act as issuer of the MTN Programme (as defined below);
and
3. established a S$500,000,000 Multicurrency Medium Term Note
Programme (the "MTN Programme") and that in
connection therewith, the Manager and the CIT Trustee have
appointed Australia and New Zealand Banking Group Limited to
act as the arranger and the dealer of the MTN Programme.
Under the MTN Programme, the Issuer may from time to time
issue notes in Singapore dollars, United States dollars or
any other currency as may be agreed between the relevant
dealer of the MTN Programme and the Issuer (the
"Notes"). Notes may be issued in various amounts
and tenors, and may bear interest at a fixed, floating,
variable or hybrid rate or may not bear interest as may be
agreed between the Issuer and the relevant dealer(s). The
Notes shall constitute direct, unconditional, unsecured and
unsubordinated obligations of the Issuer ranking pari passu,
without any preference or priority among themselves, and pari
passu with all other present and future unsecured obligations
(other than subordinated obligations and priorities created
by law) of the Issuer. All sums payable in respect of the
Notes are unconditionally and irrevocably guaranteed by the
CIT Trustee.
The net proceeds arising from the issue of the Notes under
the MTN Programme (after deducting issue expenses) will be
used for the purpose of (i) on-lending to the CIT Trustee to
(a) refinance the existing borrowings of CIT and its
subsidiaries, (b) finance or refinance the acquisitions
and/or investments of CIT and any development and asset
enhancement works initiated by CIT or (c) finance general
working capital and capital expenditure requirements of
CIT and its subsidiaries, or (ii) such other purpose as may
be specified in the pricing supplement relevant to each
issue.
Application has been made to Singapore Exchange Securities
Trading Limited (the "SGX- ST") for permission to
deal in and quotation for any Notes which are agreed at the
time of issue thereof to be so listed on the SGX-ST. Such
permission will be granted when such Notes have been admitted
to the Official List of the SGX-ST. The SGX-ST assumes no
responsibility for the correctness of any of the statements
made or opinions expressed or reports contained herein or in
the information memorandum relating to the MTN Programme.
Admission to the Official List of the SGX-ST and quotation of
any Notes on the SGX-ST is not to be taken as an indication
of the merits of the Manager, the Issuer, CIT, the CIT
Trustee, their respective subsidiaries (if any), their
respective associated companies (if any), the MTN Programme
or such Notes.
BY ORDER OF THE BOARD Chris Calvert
Chief Executive Officer and Executive Director
Cambridge Industrial Trust Management Limited
(Company Registration No. 200512804G, Capital Markets
Services Licence No. 100132-2) As Manager of Cambridge
Industrial Trust
2 February 2012
For further enquiries, please contact:
Cambridge Industrial Trust Management Limited
Mr David Mason
Chief Financial Officer
(65) 6222 3339 david.mason@cambridgeITM.com
About Cambridge Industrial Trust
Cambridge Industrial Trust ("CIT"), publicly listed on the Singapore Exchange Securities Trading Limited on 25 July 2006, is Singapore's first independent industrial real estate investment trust (REIT).
CIT invests in quality income-producing industrial properties and has a diversified portfolio of 45 properties and 2 built-to-suit (BTS) valued at S$1,023.6 million (as at 31
December 2011), located across Singapore.
The Manager's objective is to provide unitholders with a stable and secure income stream through the successful implementation of the following strategies:
• prudent capital and risk management;
• proactive asset management; and
• value enhancing investments.
Cambridge Industrial Trust Management Limited, the Manager of CIT, is indirectly owned by three strategic sponsors namely National Australia Bank Group ("NAB") (56%), Oxley Group (24%) and Mitsui & Co., Ltd ("Mitsui") (20%). NAB, one of Australia's four largest banks, is an international financial services group that provides a comprehensive and integrated range of financial products and services. Oxley Group is an innovative private investment house specializing in real estate and private equity investments across Asia- Pacific. Mitsui is one of the largest corporate conglomerates in Japan and listed on the Tokyo Stock Exchange. It is also one of the largest publicly traded companies in the world. Mitsui also developed the Japan Logistics Fund Inc., a publicly listed REIT in Japan dedicated to investing in distribution facilities.
For further information on CIT, please visit http://www.cambridgeindustrialtrust.com/
Important NoticeThe value of units in CIT ("Units") and the income derived from them may fall as well as rise. Units are not investments, liabilities or obligations of, or deposits in, Cambridge Industrial Trust Management Limited ("Manager"), RBC Dexia Trust Services Singapore Limited (in its capacity as trustee of CIT) ("Trustee"), or any of their respective related corporations and affiliates (including but not limited to National Australia Bank Limited, nablnvest Capital Partners Pty Ltd, or other members of the National Australia Bank group) and their affiliates (individually and collectively "Affiliates"). An investment in Units is subject to equity investment risk, including the possible delays in repayment and loss of income or the principal amount invested. Neither CIT, the Manager, the Trustee nor any of the Affiliates guarantees the repayment of any principal amount invested, the performance of CIT, any particular rate of return from investing in CIT, or any taxation consequences of an investment in CIT. Any indication of CIT performance returns is historical and cannot be relied on as an indicator of future performance.
Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed. It is intended that investors may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the "SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
This release may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of occupancy or property rental income, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in amounts and on terms necessary to support future CIT business. You are cautioned not to place undue reliance on these forward- looking statements, which are based on the Manager's current view of future events.
This release is for informational purposes only and does not have regard to your specific investment objectives, financial situation or your particular needs. Any information contained in this release is not to be construed as investment or financial advice, and does not constitute an offer or an invitation to invest in CIT or any investment or product of or to subscribe to any services offered by the Manager, the Trustee or any of the Affiliates.
| distribué par | Ce noodl a été diffusé par Cambridge Industrial Trust et initialement mise en ligne sur le site http://www.cambridgeindustrialtrust.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-02-03 03:02:13 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| Establishment of wholly-owned subsidiary and S$500,000,000 Multicurrency Medium Term Note Programme |
