CapitaMall buys back, cancels portion of 1% convertible bonds due 2013

By Marisa Wong

Madison, Wis., Dec. 12 - CapitaMall Trust said it repurchased and cancelled S$16.75 million of its S$650 million 1% convertible bonds due 2013.

The bonds were repurchased on Dec. 12 at a price of 109.31 plus accrued interest, for a total cash consideration of S$18.36 million.

Following the buyback and cancellation, the outstanding principal amount of the bonds is S$98.25 million.

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

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