CCT convertible

CapitaCommercial Trust prices $141 million CB

Strong demand boosts the size of CCT's five-year CB, which offers a 23% conversion premium.

CapitaCommercial Trust (CCT) has priced its five-year convertible bond, resulting in a 2.5% coupon and yield, and a 23% conversion premium. The final size was S$175 million ($141 million), an increase from the original plan for S$150 million.

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