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Prospect News home > News index > List of issuers S > Headlines for Suntec Real Estate Investment Trust > News item
Published on 9/5/2019 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Suntec REIT redeems S$1 million of 1.75% convertibles due 2021

By Sarah Lizee

Olympia, Wash., Sept. 5 – Suntec Real Estate Investment Trust said it redeemed and canceled on Thursday S$1 million of its 1.75% convertible bonds due 2021.

Following the redemption, S$86.5 million of the original S$300 million principal amount remains outstanding.

The redemption was funded with cash from internal resources.

Singapore-based Suntec owns retail and commercial real estate.


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