CDL Hospitality Business Trust (HBT)

With the remaining amount of approximately $370.3 million, about $342.2 million will be used to fund the acquisition of W Singapore – Sentosa Cove hotel by paying down the short term borrowings.

SINGAPORE (Oct 31): The managers of CDL Hospitality Trusts (CDL HT) have declared a distribution per stapled security (DPS) of 2.18 cents for 3Q18, down 4.8% from 2.29 cents a year ago in the absence of contributions from divested and temporarily closed p