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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 10/5/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

CapitaMall repurchases S$100 million 1% convertibles bonds due 2013

By Melissa Kory

Cleveland, Oct. 4 - CapitaMall Trust announced that its trustee, HSBC Institutional Trust Services Ltd., repurchased S$100 million of the S$650 million 1% convertible bonds due 2013, plus accrued interest, for S$105.25 million in cash.

The settlement for the bonds bought back was Oct. 5. The repurchased convertibles have been cancelled, and S$550 million of the convertibles now remain outstanding.

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


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