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Published on 7/31/2009 in the Prospect News Convertibles Daily.

CapitaCommercial adjusts conversion price on 2% convertible bonds

New York, July 31 - CapitaCommercial Trust said the conversion price for its 2% convertible bonds due 2013 will be S$1.8956 effective July 31.

The change was made to reflect a distribution on its units of S$0.0333.

Previously the conversion price was S$1.9754.

Singapore-based CapitaCommercial Trust primarily invests in income producing real estate and assets related to commercial real estate.


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