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Lendlease Secures S$400m Hybrid at 3.90% to Boost Capital Flexibility
8:36am on Tuesday 23rd of September, 2025 AEST
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Real Estate
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Lendlease Secures S$400m Hybrid at 3.90% to Boost Capital Flexibility
8:36am on Tuesday 23rd of September, 2025 AEST
Key Points
S$400 million perpetual subordinated hybrid securities priced at 3.90% fixed rate
Proceeds earmarked for debt repayment and general corporate purposes
Issue oversubscribed, reflecting strong investor demand
Hybrid securities expected to be equity-classified, listed on Singapore Exchange
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