CapitaMall buys back, cancels S$35.5 million of 1% convertibles

By Marisa Wong

Madison, Wis., Oct. 29 - CapitaMall Trust said it repurchased and cancelled S$35.5 million of its S$650 million 1% convertible bonds due 2013.

The bonds were repurchased on Oct. 29 at a price of 109.31 plus accrued interest, for a total cash consideration of S$38.86 million.

Following the buyback and cancellation, the outstanding principal amount of the bonds is S$115 million.

CapitaMall is a Singapore-based real estate investment trust managed by CapitaMall Trust Management Ltd.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.