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Prospect News home > News index > List of issuers C > Headlines for CapitaMall Trust > News item
Published on 2/3/2014 in the Prospect News Convertibles Daily.

CapitaMall cuts conversion price on 2.125% convertibles to S$2.1955

By Marisa Wong

Madison, Wis., Feb. 3 - CapitaMall Trust said it lowered the conversion price on its S$350 million of 2.125% convertible bonds due 2014 to S$2.1955 from S$2.2427, effective as of Monday.

The issuer announced on Jan. 22 that it planned to lower the conversion price of the 2.125% bonds. At the time the new conversion price was estimated to be S$2.1958.

The adjustment is based on a quarterly distribution of S$0.0272.

CapitaMall is a Singapore-based real estate investment trust managed by CapitaMall Trust Management Ltd.


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