CapitaLand Sells $250m In bonds: Source

Source : The Business Times, October 31, 2007

Singapore property developer CapitaLand has sold $250 million (US$172.4 million) in 12-year bonds to refinance debt, a source close to the deal told Reuters on Wednesday.

The bonds were sold at a coupon rate of 4.35 per cent, the source said. Citigroup was the sole lead manager, the source added. -- REUTERS