29 SUBSEQUENT EVENT
On 5 February and 9 February 2015, CMT MTN issued fixed rate notes of HKD1.104 billion due
2027 and floating rate notes of JPY8.6 billion due 2023 through its MTN programme at 2.77% per
annum and 3 months JPY Libor plus 0.25% per annum respectively. Concurrently, CMT MTN
entered into swap transactions to swap the HKD and JPY proceeds into Singapore dollar
proceeds of $192.8 million at 3.25% per annum and $100.0 million at 2.85% per annum
respectively.
The proceeds from the issue of the MTN Notes will be used by CMT MTN and the Group to
refinance the existing borrowings of the Group, to finance the investments comprised in the
Trust, to on-lend to any trust, fund or entity in which the Trust has an interest, to finance any asset
enhancement works initiated in respect of the Trust or such trust, fund or entity, and to finance
the general corporate and working capital purposes in respect of the Group.
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