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Singapore's CapitaMall cuts conversion price on 2.125% bonds due 2014
By Marisa Wong
Madison, Wis., Jan. 22 - CapitaMall Trust said it will lower the conversion price on its S$350 million of 2.125% convertible bonds due 2014 to S$2.1958 from S$2.2427.
The adjustment is based on an estimated quarterly distribution of S$0.0272.
The new conversion price will take effect Feb. 3.
CapitaMall is a Singapore-based real estate investment trust managed by CapitaMall Trust Management Ltd.
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