Upsized CB helps CapitaLand to $600m despite aggressive pricing
Singapore real estate-developer CapitaLand issued a S$750 ($600m) convertible bond on September 19, S$150m more than its base offer, even though bankers admitted that the terms were quite aggressive.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts