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CapitaLand Mall Trust -- Moody's assigns an A2 rating to CMT's MTN drawdown

Moody's Investors Service, ("Moody's") has assigned an A2 senior unsecured rating to the USD300 million notes issued by CMT MTN Pte. Ltd., a wholly owned subsidiary of CapitaLand Mall Trust (CMT A2 negative), under its existing multicurrency medium term note (MTN) program, which is also rated (P)A2 by Moody's. The proceeds from the notes issued will be used to refinance existing borrowings of CMT and its subsidiaries and for general corporate and working capital purposes. CMT's A2 issuer rating is underpinned by its large scale and market share as Singapore's leading retail real estate investment trust.