BURSA ANNOUCEMENTS

Date : 09 October 2012

OTHERS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF UNRATED MEDIUM TERM NOTES (“UNRATED MTNs”) PURSUANT TO A MEDIUM TERM NOTE PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE (“MTN PROGRAMME”)

SUNWAY REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT")
- ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF UNRATED MEDIUM TERM NOTES (“UNRATED MTNs”) PURSUANT TO A MEDIUM TERM NOTE PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE (“MTN PROGRAMME”)
We refer to our announcements dated 10 July 2012 and 25 May 2012 in respect of the Proposal. The Board of Directors of Sunway REIT Management Sdn Bhd, the manager of SUNREIT is pleased to announce that SunREIT Unrated Bond Berhad (formerly known as Mega Revenue Sdn Bhd) has on 9 October 2012, issued an aggregate RM400.0 million in nominal value of Unrated MTNs under the MTN Programme.

The details of the MTN Programme which were issued on 9 October 2012 with an aggregate nominal value of RM400.0 million are as follows:-

Issue
Tranche
Nominal Value
Maturity Date
1
1
RM270.0 million
9 October 2017
1
2
RM130.0 million
9 October 2017

The proceeds raised from the issuance of Issue 1 Tranche 1 and Issue 1 Tranche 2 of the Unrated MTNs under the MTN Programme shall be used to repay existing borrowings undertaken by SUNREIT, including without limitation, any outstanding commercial papers issued by SunREIT Capital Berhad under its commercial papers programme of RM1.6 billion in nominal value and any new borrowings taken by SUNREIT to repay the existing borrowings of SUNREIT.


This announcement is dated 9 October 2012.


Announcement Info

Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT    
Date Announced9 Oct 2012  
CategoryGeneral Announcement
Reference NoSR-121009-5F2AA

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