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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 4/15/2010 in the Prospect News Convertibles Daily.

CapitaCommercial Trust buys back S$125.5 million 2% convertible bonds

New York, April 15 - CapitaCommercial Trust said it bought back S$125.5 million of its 2% convertible bonds due 2013.

The trust, acting through trustee HSBC Institutional Trust Services (Singapore) Ltd., paid S$135.0 million for the bonds, including accrued interest. Settlement was on April 15.

CapitaCommercial now has S$229.5 million outstanding of the original S$370 million issued in May 2008.

CapitaCommercial is a Singapore-based real estate investment trust focusing on Singapore commercial buildings.


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