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Published on 3/6/2009 in the Prospect News Convertibles Daily.

CapitaMall assigns new conversion price to 1% convertibles due 2013

By Devika Patel

Knoxville, Tenn., March 6 - CapitaMall Trust said it has adjusted the conversion price of its S$650 million in 1% convertible bonds due 2013 to S$3.39 per unit, effective April 2.

The change is due to a rights issue of 1,502,358,923 units that was enacted on Friday.

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


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