GLP markets US dollar 10-year bonds

May 28, 2015 2:38 AM

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SINGAPORE, May 28 (IFR) - Global Logistic Properties has release price guidance for a yield in the area of 210bp over Treasuries for an offering of Reg S-only US dollar 10-year bonds.

Citigroup and Deutsche Bank are joint global co-ordinators on the offering, as well as joint bookrunners with DBS. The notes are expected to be rated in line with the issuer at rated Baa2/BBB+ (Moody's/Fitch).

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