Bloomberg News

Ascott Said to Market S$200 Million Bond to Yield About 3.8%

October 28, 2011

Oct. 28 (Bloomberg) -- Ascott Group Ltd. plans to sell S$200 million of five-year bonds to yield about 3.8 percent, according to a person familiar with the matter.

DBS Group Holdings Ltd. and United Overseas Bank Ltd. are managing the sale, said the person, who asked not to be identified because the details are private.

To contact the reporter on this story: Tanya Angerer in Singapore at tangerer@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net


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