News

Healthcare

Staff Reporter

, Singapore

Published:

1 year ago

170 views

Parkway Life REIT priced 7-year fixed rate notes at $33m

The notes are due in 2030.

Parkway Life REIT, a healthcare REIT, declared that it assigned a price of JPY3.5b ($33m) for senior unsecured fixed rate notes.

In a statement, the REIT said these notes comply with the $500m multicurrency debt issuance programme.

The proceeds from Series 008 notes, the second seven-year issuance notes, will be applied towards repurchasing the unsecured notes due in 2024 issued on 26 February 2018.

Parkway Life REIT Manager CEO Yong Yean Chau said this is part of their prudent capital management strategy for refinancing needs.

“By spreading out and extending our debt maturity profile to 2030, PLife REIT will continue to maintain a healthy well spread-out debt maturity ladder,” added Yong.

Follow the link for more news on

Parkway Life REIT

Also Read

Healthcare equipment leasing market to grow by $28.4b by 2028

Microbiome sequencing services market to reach $5.5b by 2030

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Healthcare equipment leasing market to grow by $28.4b by 2028

Healthcare providers are turning to leasing models for affordability amidst high costs.

Healthcare

2 days ago

Microbiome sequencing services market to reach $5.5b by 2030

A primary driver is the growing interest in the human microbiome.

Healthcare

2 days ago

Major infrastructure upgrades underway at Broken Hill Health Service

These include an upgraded ED and additional key health worker accommodations.

Healthcare

2 days ago

Healthcare collaborations to enhance diabetes mgmt in Singapore

The country is facing a growing burden of diabetes due to an ageing population and obesity.

Healthcare

2 days ago

Exclusives

HMI Medical rebranding marks shift to integrated care

Through M&As, the group is building a ‘house of brands’ for each medical area.

Healthcare

Electronic health records with AI show promise

They are also at risk from backdoor attacks, data poisoning and unauthorised access.

Healthcare

Patients suffer from Southeast Asia’s lack of unified health platform

The absence of a single ecosystem is hurting patients’ welfare.

Healthcare

Indonesia’s Tzu Chi Hospital uses robot to treat hernia

The medical facility has treated 40 patients using a minimally invasive procedure.

Event News

Medical Fair Asia and Medical Manufacturing Asia fosters connections, collaborations in the healthcare and medical technology industry

Healthcare

The trade show, which was held in Singapore, successfully brought together over 13,000 visionary digital health innovators, government leaders, and industry pioneers from the medical and healthcare sectors.