CapitaLand raises S$650 million from seven-year CB

The money will be used partly to buy back some of its outstanding 2018 CBs through a tender that will take place during the next few weeks.

Anette Jönsson

May 21, 2013

Singapore-listed real estate developer CapitaLand last night raised S$650 million ($516 million) from the sale of seven-year convertible bonds, which it will use partly to buy back part of an outstanding CB that matures in 2018.

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