CapitaLand to issue up to S$800m convertible bonds to cut 'outstanding indebtedness'

CapitaLand to issue up to S$800m convertible bonds to cut 'outstanding indebtedness'

Visual from the company website

Singapore listed real estate firm CapitaLand will issue S$650 million bonds that can be converted into new shares to refinance debt. The bonds, which will be placed with institutional and accredited investors, will be listed on the Frankfurt Stock Exchange while the new shares will be traded in Singapore.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter