CapitaLand times ECM deal on market boost

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By Rashmi Kumar
18 Nov 2020

CapitaLand Retail China Trust (CRCT) took advantage of strong investor demand for its placement to fully exercise a greenshoe option and raise S$245.4m ($182.8m) on Tuesday.

When the Singapore-listed trust kicked off bookbuilding for its private placement on Tuesday morning, it offered 184.41m units in the base offer, plus an additional 20.956m units as part of an over-allotment option. The new units were marketed at a range of S$1.193 to S$1.236 each.

After the ...

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