CapitaLand Commercial Trust converts $175m 2.5% convertible bonds
They were turned to common stocks.
CapitaLand Commercial Trust (CCT) cancelled $175m worth of 2.5% convertible bonds, after converting the last portion of $4.5m into stock.
According to an announcement, a total of 3,154,574 units have been issued at the price of $1.4 per unit.
CCT's total units is now 3,093,615,837.
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